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Novartis(NVS) - 2024 Q3 - Earnings Call Presentation
2024-10-29 13:03
Novartis Q3 Results | October 29, 2024 1 1 €Θ Content Click below to navigate through the document Company overview Financial review Conclusions Appendix References Q3 2024 Results Q3 2024 Results Investor presentation October 29, 2024 Investor presentation October 29, 2024 ს NOVARTIS | This presentation contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, that can generally be identified by words such as "potential," "expected," "will ...
Novartis Posts Results Above Estimates, Raises Outlook
Investopedia· 2024-10-29 11:40
KEY TAKEAWAYSNovartis posted third-quarter results that beat analysts' estimates and raised its full-year outlook, buoyed by strong sales of drugs like breast-cancer treatment Kisqali.The Swiss pharmaceutical firm now forecasts 2024 core operating income growth of a high-teens percentage, compared with its previous target of a mid- to high-teens percentage.Novartis now projects full-year net sales to grow by a low-double-digit percentage, up from a high-single-digit percentage to low-double-digit percentage ...
The Zacks Analyst Blog Novartis, Reddit and Check Point Software Technologies
ZACKS· 2024-10-29 09:30
For Immediate Releases Chicago, IL – October 29, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Novartis AG (NVS) , Reddit Inc. (RDDT) and Check Point Software Technologies Ltd. (CHKP) . Here are highlights from Tuesday's Analyst Blog: Buy 3 Stocks Likely to Gain on Q3 Earnings Beats We are in the first half of t ...
Novartis continues strong momentum in Q3 with 10% sales growth, 20% core operating income growth, and important innovation milestones; raises FY 2024 guidance
GlobeNewswire News Room· 2024-10-29 06:00
Ad hoc announcement pursuant to Art. 53 LR Q3 net sales grew +10% (cc1, +9% USD) with core operating income up +20% (cc, +17% USD) Sales growth driven by continued strong performance from Entresto (+26% cc), Cosentyx (+28% cc), Kisqali (+43% cc), Kesimpta (+28% cc), Pluvicto (+50% cc) and Leqvio (+119% cc)Core operating income margin 40.1%, +340 basis points (cc), mainly driven by higher net sales Q3 operating income grew +123% (cc, +106% USD); net income up +121% (cc, +111% USD)Q3 core EPS grew +20% (cc, ...
This Biotech Stock Has Doubled Its Value Today—Here's Why
Investopedia· 2024-10-28 19:06
Key TakeawaysMonte Rosa Therapeutics signed a development and commercialization deal with Novartis that could pay the biotech up to $2.1 billion.The agreement is for Monte Rosa's MRT-6160 drug and other potential treatments for immune system diseases.Shares of Monte Rosa more than doubled on the news. Shares of Monte Rosa Therapeutics (GLUE) more than doubled Monday after the biotechnology company struck an exclusive development and commercialization license agreement with Novartis (NVS) for its treatments ...
Monte Rosa: Novartis Deal Bolsters MGD Platform With Flush Of Cash
Seeking Alpha· 2024-10-28 18:27
This article is published by Terry Chrisomalis, who runs the Biotech Analysis Central pharmaceutical service on Seeking Alpha Marketplace. If you like what you read here and would like to subscribe to, I'm currently offering a two-week free trial period for subscribers to take advantage of. My service offers a deep-dive analysis of many pharmaceutical companies. The Biotech Analysis Central SA marketplace is $49 per month, but for those who sign up for the yearly plan will be able to take advantage of a 33. ...
NVS 2024-10-novartis-renal-portfolio-presentation
2024-10-28 17:34
Novartis Renal Portfolio Investor Event Virtual, October 28, 2024 ს NOVARTIS Reimagining Medicine Disclaimer This presentation contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by words such as "potential," "can," "will," "plan," "may," "could," "would," "expect," "anticipate," "seek," "look forward," "believe," "committed," "investigational," "pipeline," "launch," or similar te ...
Novartis AG (NVS) Renal Portfolio Update Call Transcript
Seeking Alpha· 2024-10-28 17:32
Novartis AG (NYSE:NVS) Renal Portfolio Update Conference Call October 28, 2024 8:00 AM ET Company Participants Sloan Simpson - Head, Investor Relations Shreeram Aradhye - President, Global Drug Development and CMO Victor Bulto - President, U.S. Business Dave Soergel - Executive Vice President, Global Head, Cardio, Renal, Metabolic Development Conference Call Participants Peter Welford - Jefferies Richard Vosser - JPMorgan Simon Baker - Redburn Atlantic Graham Parry - Bank of America Emmanuel Papadakis - Deu ...
Novartis AG (NVS) Renal Portfolio Update Call Transcript
2024-10-28 17:32
Novartis AG (NYSE:NVS) Renal Portfolio Update Conference Call October 28, 2024 8:00 AM ET Company Participants Sloan Simpson - Head, Investor Relations Shreeram Aradhye - President, Global Drug Development and CMO Victor Bulto - President, U.S. Business Dave Soergel - Executive Vice President, Global Head, Cardio, Renal, Metabolic Development Conference Call Participants Peter Welford - Jefferies Richard Vosser - JPMorgan Simon Baker - Redburn Atlantic Graham Parry - Bank of America Emmanuel Papadakis - Deu ...
Novartis oral Fabhalta® (iptacopan) sustained clinically meaningful results at one year in Phase III C3 glomerulopathy (C3G) trial
GlobeNewswire News Room· 2024-10-26 23:50
New APPEAR-C3G data show Fabhalta sustained proteinuria reduction at 12 months1 Upon Fabhalta initiation, improvement observed in estimated glomerular filtration rate (eGFR) slope – a key measure of kidney function – vs. patients' historic rapid decline1 Fabhalta also showed a favorable safety profile with no new safety signals1 Fabhalta is the only oral alternative complement pathway inhibitor to selectively target the underlying cause of C3G, an ultra-rare kidney disease with no approved treatments2-5 Nov ...