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Novartis Rejiggers Pharma To Favor Oncology

 
• By Lisa LaMotta

The Swiss pharma changes the leadership structure of its pharmaceutical division in an effort to emphasize oncology; AstraZeneca's Paul Hudson takes over the non-oncology pharma group as David Epstein leaves the company.

Novartis AG has long been a leader in the oncology space, but has fallen behind in recent years as competitors have emerged with strong immuno-oncology products. No longer willing to be behind the pack, Novartis is separating out its oncology division from the rest of its pharmaceutical business in order to emphasize its dedication to the space.

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