Novartis plans to save about $ 1 billion amid simplification of the structure

Novartis plans to save about $ 1 billion amid simplification of the structure
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Multinational pharmaceutical corporation Novartis plans to integrate its pharmaceutical and oncology divisions into the business of innovative medicines in order to simplify its structure and save at least $ 1 billion by 2024. It is reported by Reuters.

Integration will strengthen competitiveness and lead to synergy, according to the company. As a result, sales growth should increase by at least 4% until 2026, according to her calculations.

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