Novartis Reports Strong Q3 Growth and Raises Guidance

Novartis (NVS) has released an update.

Novartis has reported a robust third quarter in 2024, showcasing a 10% increase in net sales and a 20% rise in core operating income, driven by strong performances from key drugs like Entresto and Cosentyx. The company has raised its full-year guidance, reflecting confidence in its growth prospects and innovation milestones, including significant FDA approvals. With a free cash flow surge to USD 6 billion, Novartis demonstrates operational excellence and strategic focus on high-growth therapeutic areas.

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