Novartis AG CEO Joseph Jimenez is maintaining that the Swiss pharma has the internal expertise to execute on its oncology strategy, despite having fallen behind rivals in the competitive field of immuno-oncology.
Does Novartis Need A Big Immuno-Oncology Deal? Jimenez Says No
The oncology player missed out on the first round of immune checkpoint inhibition and now some investors are wondering if the pharma needs to buy a rival to catch up. During the company’s second quarter sales call CEO Jimenez insisted Novartis has the internal expertise to execute.
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