anonymous
Guest
anonymous
Guest
Novartis on Thursday surprised Wall Street by reporting a year-over-year increase in net earnings in Q2, helped by higher sales and a one-time divestment gain. The company said its earnings grew 14% to $1.34 per share, even as analysts were anticipating a decline.
Riding on the strong sales of its psoriasis drug Cosentyx and oncology drug Entresto, total net sales during the quarter improved 4% to $11.76 billion, surpassing the street view of $11.5 billion. On a constant currency basis sales of Cosentyx grew 25%, and Entresto jumped 81%.
Source:
Riding on the strong sales of its psoriasis drug Cosentyx and oncology drug Entresto, total net sales during the quarter improved 4% to $11.76 billion, surpassing the street view of $11.5 billion. On a constant currency basis sales of Cosentyx grew 25%, and Entresto jumped 81%.
Source: