Seeking Alpha

Novartis may jettison some of its small businesses

  • CEO Joe Jimenez' review of the viability of Novartis' (NVS) small divisions will probably mean that at least one will eventually be sold.
  • Three units: animal health, vaccines and OTC medicines won't globally scale so it the best solution for shareholders may be to get rid of them.
  • He cites the unattractive reimbursement environment as the main challenge for the businesses.
Comments (1)
  • SSnape
    , contributor
    Comments (472) | Send Message
     
    I would be really sorry to see NVS exit the animal health field.

     

    Long: NVS.
    20 Mar 2014, 02:07 PM Reply Like
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