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Novartis Bounces Back From COVID-19 And Cosentyx Keeps Climbing

Business Nearly Back To Normal

 
• By Kevin Grogan

Sales at the Swiss major have returned to around 80%-90% of their pre-pandemic levels, according to CFO Harry Kirsch after unveiling a healthy set of second-quarter financials.

Novartis
• Source: Archive

Fears that US formulary changes would stunt the growth of Novartis AG's Cosentyx seem unfounded with second quarter sales of the autoimmune disease blockbuster comfortably topping the $1bn mark again.

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