Strong Overall Financial Performance
Novartis reported a 16% sales growth and a 29% core operating income growth in Q4 2024 in constant currency. The full year saw a 12% sales growth and a 22% core operating income growth, achieving a margin of 38.7%.
Entresto Achievements
Entresto achieved $7.8 billion in sales for the full year, up 31%. U.S. sales grew by 41% with significant performance in heart failure and hypertension in China and Japan.
Cosentyx Performance
Cosentyx sales topped $6 billion for the full year, growing 25%. U.S. sales increased by 36%, driven by new launches in HS and IV.
Kesimpta Growth
Kesimpta grew 49%, reaching $3.2 billion in full-year sales. The U.S. market grew by 42%, with strong performance outside the U.S. growing at 67% in constant currency.
Kisqali Sales Increase
Kisqali grew 49% for the full year, reaching $3 billion in sales, with a significant increase in metastatic and early breast cancer settings.
Pluvicto Expansion
Pluvicto delivered $1.4 billion in full-year sales, with a 42% growth in constant currencies, focusing on expanding the PSMAfore launch.
Leqvio and Scemblix Growth
Leqvio showed 114% constant currency full-year growth. Scemblix grew 68%, becoming a market leader in the third-line CML setting.
Pipeline and Innovation Progress
Novartis made significant progress in its pipeline with key approvals and ongoing developments, aiming to maintain growth momentum into the 2030s.