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Revamped Novartis In Good Shape At 3Q Ahead Of CEO Succession

 
• By Sten Stovall

Novartis beat third-quarter forecasts, flagged its strengthening drug portfolio, and said its CEO transition remains on track for February 2018, but a decision on its eye care division awaits.

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Novartis' Outgoing CEO Says Handover On Track, Company Advancing • Source: Shutterstock

Novartis AG's out-going CEO Joe Jimenez said the revamped diversified Swiss group is running smoothly, with growth fueled in the third quarter by new therapies and improved performances by generics division Sandoz and its Alcon unit.

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• By Jessica Merrill

The big pharma forecast a $400m expense this year related to tariffs, but those estimates only reflect medtech tariffs already announced, not potential pharma tariffs.

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MetaVia’s ‘Safe’ Obesity Drug Resonates With Analysts, But Not Investors

 
• By Joseph Haas

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Enzene Sees Tariff Exemptions For India, Front-Ends US Capacity

 
• By Vibha Ravi

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