Novartis unloads U.S. assets at loss to bargain-hunting Aurobindo

September 6, 2018 by  
Filed under News

New Novartis Chief Executive Vas Narasimhan has further reshaped the Swiss drugmaker, announcing on Thursday he is selling U.S. dermatology and generic pill assets to India’s Aurobindo Pharma Ltd for up to $1 billion.

Source: Reuters Business News

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