Strong Financial Performance
Novartis delivered double-digit sales growth with a 15% increase in sales and a 27% rise in core operating income. The core margin reached 42.1%, a 400 basis point increase, resulting in an upgrade to the full-year 2025 guidance.
Key Product Growth
Kisqali grew 56% in constant currency, showing strong performance in both metastatic and early breast cancer. Kesimpta grew 43% in constant currency, outpacing the B cell and MS market. Pluvicto saw a 21% increase, with significant developments in its launch preparations.
Innovation and Approvals
Novartis achieved approvals for Pluvicto, Vanrafia, and Fabhalta, and had a positive readout for OAV-101 in SMA patients older than 2 years. A global submission was made for remibrutinib in CSU.
Upgraded Full-Year Guidance
Due to strong business momentum, Novartis raised its full-year guidance to high single-digit sales growth and low double-digit core operating income growth.