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Novartis Posts Higher Net Profit as Key Drugs Lift Sales
WSJยท 2025-10-28 07:06
Core Insights - The drugmaker reported a third-quarter profit of $3.93 billion, driven by increased sales of key drugs which helped to mitigate the impact of patent expirations [1] Financial Performance - The third-quarter profit reached $3.93 billion, indicating strong financial performance despite challenges [1] - Higher sales for key drugs were a significant factor contributing to the profit [1] Market Impact - The company successfully offset losses from patent expirations through strategic sales increases [1]