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It is one of the largest pharmaceutical companies by both market capitalization and sales. Other Ciba-Geigy and Sandoz businesses were sold, or, like Ciba Specialty Chemicals, spun off as independent companies. Novartis AG is a publicly traded Swiss holding company that operates through the Novartis Group. Novartis AG owns, directly or indirectly, all companies worldwide that operate as subsidiaries of the Novartis Group. Roche however, it does not exercise control over Roche. Novartis also has two significant license agreements with Genentech, a Roche subsidiary. Xolair, both of which Novartis markets outside the US. D, clinical development, medical writing and administrative functions.
This section needs to be updated. Please update this article to reflect recent events or newly available information. Overall, Novartis was the world’s second largest pharmaceutical company in 2011. An IMS Health report ranked Novartis as the biggest pharma company in 2012. 200 million of potential annual pre-tax androgel testosterone gel price synergies. Vaccines and Diagnostics Division: As of 2013 Novartis was considering selling this division off.