Business description: Novartis AG

Novartis AG is one of the world's leaders in the design, manufacturing, and marketing of pharmaceutical products. Net sales break down by therapeutic area as follows:

- oncology (30.9%);

- immunology (18.9%);

- cardiovascular, renal and metabolic diseases (16.4%);

- neuroscience (11%).

The remaining net sales (22.8%) are from contract manufacturing of pharmaceutical products.

At the end of 2025, Novartis AG had over 31 production sites worldwide.

Net sales are distributed geographically as follows: Switzerland (2.6%), Europe (28.1%), the United States (42.8%), Asia/Africa/Australasia (19.8%), Canada and Latin America (6.7%).

Number of employees: 75,267

Sales by Activity: Novartis AG

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

Innovative Medicines

43.97B 43.37B 46.66B 51.72B 56.67B

Sandoz

9.87B 9.48B - - -

Corporate (Including Eliminations)

-964M -1.02B - - -

Geographical breakdown of sales: Novartis AG

Fiscal Period: December 2021 (USD) 2022 (USD) 2023 (USD) 2024 (USD) 2025 (USD)

United States

16.82B 17.65B 17.96B 21.15B 23.33B

Other

20.81B 20.05B 15.87B 18.51B 21.68B

China

3.05B 3.13B 3.27B 3.89B 4.19B

Germany

4.87B 4.28B 3.37B 3.66B 3.94B

Switzerland

873M 970M 1.31B 1.32B 1.39B

France

2.52B 2.26B 1.75B 1.79B -

Japan

2.68B 2.2B 1.92B - -

Executive Committee: Novartis AG

Manager TitleAgeSince
Chief Executive Officer 50 31/01/2018
Director of Finance/CFO - 15/03/2026
Chief Tech/Sci/R&D Officer 64 15/05/2022
Compliance Officer 58 13/04/2025
Chief Operating Officer 59 03/04/2022

Composition of the Board of Directors: Novartis AG

Director TitleAgeSince
Director/Board Member 68 31/12/2014
Director/Board Member 69 31/12/2015
Director/Board Member 61 31/12/2015
Director/Board Member 66 27/02/2017
Director/Board Member 70 27/02/2019
Director/Board Member 65 27/02/2020
Director/Board Member 67 27/02/2020
Director/Board Member 59 03/03/2022
Director/Board Member 62 06/03/2023
Director/Board Member 65 06/03/2025

Shareholders: Novartis AG

NameEquities%Valuation
10.04 %
204,270,188 10.04 % 30 273 M CHF
Sandoz Family Foundation
2.076 %
42,248,437 2.076 % 6 261 M CHF
Sjunde AP-fonden
0.1662 %
3,382,210 0.1662 % 501 M CHF
State Street Global Advisors Ltd.
0.1569 %
3,192,756 0.1569 % 473 M CHF
Nordea Investment Management AB
0.1131 %
2,301,827 0.1131 % 341 M CHF
NameEquities%Valuation
Fisher Asset Management LLC
0.6824 %
13,885,749 0.6824 % 2 053 M CHF
Dodge & Cox
0.443 %
9,014,641 0.443 % 1 333 M CHF
Eaton Vance Management
0.4363 %
8,876,906 0.4363 % 1 312 M CHF
DFA Australia Ltd.
0.3801 %
7,733,596 0.3801 % 1 143 M CHF
PRIMECAP Management Co.
0.3725 %
7,579,274 0.3725 % 1 121 M CHF
NameEquities%Valuation
LUKB Expert Fondsleitung AG
-
123,244 - 18 M CHF
JPMorgan Asset Management (China) Co Ltd.
-
23,755 - 4 M CHF
Fnb Stockbroking & Portfolio Management Pty Ltd. (Invt Mgmt)
-
6,000 - 890 736 CHF
Columbia Threadneedle Management Ltd.
-
946 - 140 439 CHF
Melville Douglas Investment Management (Pty) Ltd.
-
415 - 61 609 CHF

Holdings: Novartis AG

NameEquities%Valuation
204,270,188 10.04% 30 273 M $
17,450,680 70.68% 190 M $
12,307,692 3.96% 131 M $
1,739,130 4.31% 7 M $
413,581 1.72% 3 M $

Company details: Novartis AG

Novartis AG

Lichtstrasse 35

4056, Basel

+41 61 324 11 11

http://www.novartis.com
address Novartis AG(NOVN)

Group companies: Novartis AG

NameCategory and Sector
Pharmaceuticals: Major
Pharmaceuticals: Major
Pharmaceuticals: Major
Pharmaceuticals: Major
Pharmaceuticals: Major

Other Pharmaceuticals

Change 5d. change 1-year change 3-years change Capi.($)
+0.30%-0.12%+25.07%+22.81% 278B
+1.95%-0.10%+31.64%+122.02% 846B
+0.05%-1.24%+43.58%+37.54% 533B
+0.61%-2.58%+9.85%+38.33% 356B
-0.94%-0.38%+22.40%+11.63% 324B
+1.18%-0.07%+31.86%+13.23% 282B
-0.09%-1.62%+46.48%-5.33% 275B
+3.34%+6.03%-32.48%-48.08% 203B
-0.64%+1.77%+23.97%+41.89% 179B
+1.67%+0.63%+37.78%+69.66% 163B
Average +0.74%-0.27%+24.01%+30.37% 343.84B
Weighted average by Cap. +0.82%-0.66%+27.15%+46.05%
Trader
Investor
Global
Quality
ESG MSCI
AAA
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
22
Last Close Price
146.30USD
Average target price
155.32USD
Spread / Average Target
+6.16%

Quarterly revenue - Rate of surprise