Novartis AG

Swiss Stock Exchange NOVN.SW

Novartis AG Cash and Short-Term Investments for the year ending December 31, 2023: USD 13.96 B

Novartis AG Cash and Short-Term Investments is USD 13.96 B for the year ending December 31, 2023, a -26.24% change year over year. Cash and short-term investments are the sum of cash and short-term investments, representing the company's liquid assets.
  • Novartis AG Cash and Short-Term Investments for the year ending December 31, 2022 was USD 18.93 B, a -33.18% change year over year.
  • Novartis AG Cash and Short-Term Investments for the year ending December 31, 2021 was USD 28.33 B, a 145.00% change year over year.
  • Novartis AG Cash and Short-Term Investments for the year ending December 31, 2020 was USD 11.56 B, a 1.02% change year over year.
  • Novartis AG Cash and Short-Term Investments for the year ending December 31, 2019 was USD 11.45 B, a -28.30% change year over year.
Key data
Date Cash and Short-Term Investments Receivables Inventory Goodwill
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Swiss Stock Exchange: NOVN.SW

Novartis AG

CEO Dr. Vasant Narasimhan M.D.
IPO Date Aug. 3, 1995
Location Switzerland
Headquarters Lichtstrasse 35
Employees 76,057
Sector Health Care
Industries
Description

Novartis AG researches, develops, manufactures, and markets healthcare products worldwide. The company operates through two segments, Innovative Medicines and Sandoz. The Innovative Medicines segment offers prescription medicines for patients and healthcare providers. It also provides ophthalmology, neuroscience, immunology, hepatology, dermatology, respiratory, cardiovascular, renal, and metabolism medicine products. The Sandoz segment develops, manufactures, and markets finished dosage form medicines; active ingredients and finished dosage forms of small molecule pharmaceuticals to third parties; and retail generics and anti-infectives. It also provides active pharmaceutical ingredients and intermediates primarily antibiotics; protein- or other biotechnology-based products, including biosimilars; and biotechnology manufacturing services. Novartis AG has a license and collaboration agreement with Alnylam Pharmaceuticals to develop, manufacture, and commercialize inclisiran; and a clinical collaboration with Kura Oncology, Inc. to evaluate the combination of Tipifarnib and Alpelisib in patients with head and neck squamous cell carcinoma. The company was incorporated in 1996 and is headquartered in Basel, Switzerland.

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StockViz Staff

January 15, 2025

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