https://feeds.thelocal.com/ Read the latest news and views from Switzerland in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Basel-based pharmaceutical giant Novartis said on Tuesday that its third-quarter net profit fell by 42 percent to $1.8 billion, partially due to provisions to settle a US corruption case. https://www.thelocal.ch/20151027/novartis-profits-plunge-after-us-corruption-case Tue, 27 Oct 2015 13:23:57 +0100 novartis-profits-plunge-after-us-corruption-case American authorities are seeking up to $3.3 billion in fines from Swiss pharmaceutical giant Novartis on allegations it paid kickbacks to boost drug sales, according to a document AFP consulted on Wednesday. https://www.thelocal.ch/20150701/us-seeks-33-billion-for-alleged-novartis-kickbacks Wed, 01 Jul 2015 17:48:47 +0200 us-seeks-33-billion-for-alleged-novartis-kickbacks Biogen, an international biotechnology company, announced on Tuesday plans to invest one billion francs ($1.06 billion) for a new drug manufacturing plant in Luterbach in the canton of Solothurn. https://www.thelocal.ch/20150630/biogen-announces-billion-franc-drugs-plant Tue, 30 Jun 2015 23:03:14 +0200 biogen-announces-billion-franc-drugs-plant Japanese health authorities said Friday that they have ordered the local unit of Swiss pharmaceutical giant Novartis to temporarily suspend its operations for failing to report drug side effects. https://www.thelocal.ch/20150227/japan-orders-novartis-unit-to-suspend-operations Fri, 27 Feb 2015 09:50:19 +0100 japan-orders-novartis-unit-to-suspend-operations Japanese health authorities said Wednesday that they will soon make a decision on a possible penalty against the local unit of Swiss pharmaceutical giant Novartis for failing to report drug side effects. https://www.thelocal.ch/20150204/novartis-faces-japan-penalty-over-drug-side-effects Wed, 04 Feb 2015 10:09:00 +0100 novartis-faces-japan-penalty-over-drug-side-effects Swiss pharmaceuticals giant Novartis said on Tuesday that strong sales of new products helped push its net profit up 12 percent in 2014 from the previous year despite harsh competition from cheaper copycat generic drugs. https://www.thelocal.ch/20150127/novartis-notches-higher-profit-on-strong-sales Tue, 27 Jan 2015 12:59:00 +0100 novartis-notches-higher-profit-on-strong-sales Europe's drugs watchdog says it has found no evidence to link the Novartis flu vaccine Fluad to a scare in Italy, where 19 people are reported to have died after being given the jab. https://www.thelocal.ch/20141204/drug-watchdog-clears-novartis Thu, 04 Dec 2014 09:32:00 +0100 drug-watchdog-clears-novartis Thirteen people in Italy may have died after taking a flu vaccine made by Swiss pharmaceuticals giant Novartis, according to the latest estimate from Italian authorities. https://www.thelocal.ch/20141201/italy-examines-13-deaths-in-novartis-flu-jab-probe Mon, 01 Dec 2014 14:15:03 +0100 italy-examines-13-deaths-in-novartis-flu-jab-probe Italy suspended the use of a flu vaccine made by Swiss pharmaceuticals giant Novartis on Thursday amid fears it may have caused three deaths. https://www.thelocal.ch/20141127/novartis-flu-vaccine-linked-to-three-italian-deaths Thu, 27 Nov 2014 23:45:00 +0100 novartis-flu-vaccine-linked-to-three-italian-deaths Basel-based pharmaceuticals giant Novartis on Tuesday said that strong sales of new products had helped push its net profit up 45 percent in the third quarter from the same period a year earlier, despite competition from copycat generic drugs. https://www.thelocal.ch/20141028/new-products-push-up-novartis-earnings Tue, 28 Oct 2014 15:01:00 +0100 new-products-push-up-novartis-earnings The Japanese unit of Swiss pharma giant Novartis has admitted it did not report more than 2,500 cases of serious side effects in patients using its leukaemia and other cancer drugs, reportedly including some fatalities. https://www.thelocal.ch/20140901/japan-novartis-unit-failed-to-report-drug-deaths Mon, 01 Sep 2014 12:45:00 +0200 japan-novartis-unit-failed-to-report-drug-deaths An experimental drug from Swiss pharma giant Novartis reduced deaths from chronic heart failure by 20 percent compared with an existing treatment, according to the results of a vast new study. https://www.thelocal.ch/20140831/tests-bill-novartis-heart-drug-blockbuster Sun, 31 Aug 2014 21:21:00 +0200 tests-bill-novartis-heart-drug-blockbuster Swiss pharmaceutical giant Novartis says its net profits for the first half of 2013 shot up by 13 percent from the same period a year earlier as it stuck by its forecast of continued sales growth across the year. https://www.thelocal.ch/20140717/novartis-reports-sharply-higher-net-profits Thu, 17 Jul 2014 11:22:00 +0200 novartis-reports-sharply-higher-net-profits Japanese prosecutors on Tuesday laid charges against the local unit of Swiss pharmaceutical giant Novartis in a widening scandal over claims that falsified data were used to exaggerate the benefits of a popular blood-pressure drug. https://www.thelocal.ch/20140701/japan-charges-novartis-over-false-data Tue, 01 Jul 2014 14:29:00 +0200 japan-charges-novartis-over-false-data Prosecutors on Wednesday arrested a former employee of the Japanese unit of Swiss pharmaceutical giant Novartis for allegedly manipulating research data to exaggerate the benefits of a popular blood-pressure drug. https://www.thelocal.ch/20140611/japan-nabs-ex-novartis-worker-for-false-data Wed, 11 Jun 2014 12:28:49 +0200 japan-nabs-ex-novartis-worker-for-false-data Swiss pharmaceuticals giant Novartis on Thursday posted a 24-percent jump in first-quarter net profit from the same period a year earlier, driven largely by the sale of a blood transfusion diagnostics unit. https://www.thelocal.ch/20140424/unit-sale-drives-rise-in-novartis-profits Thu, 24 Apr 2014 13:36:00 +0200 unit-sale-drives-rise-in-novartis-profits Italy's antitrust body said on Wednesday it has slapped Swiss giants Novartis and Roche with a €182.5-million fine for allegedly manipulating sales of a cheap drug used to treat sight problems. https://www.thelocal.ch/20140305/italy-slaps-swiss-pharma-giants-with-huge-fines Wed, 05 Mar 2014 13:04:00 +0100 italy-slaps-swiss-pharma-giants-with-huge-fines Japanese prosecutors on Wednesday raided the offices of the local arm of Swiss pharmaceutical giant Novartis over alleged exaggerated advertising for a popular blood-pressure drug, local media said. https://www.thelocal.ch/20140219/japanese-raid-novartis-offices-in-criminal-probe Wed, 19 Feb 2014 11:37:07 +0100 japanese-raid-novartis-offices-in-criminal-probe Basel-based pharmaceutical giant Novartis is preparing to slash the pay of its chairman and board, following a push in Switzerland to rein in the bonuses of top executives, according to a report published onTuesday. https://www.thelocal.ch/20140205/novartis-plans-to-trim-executive-pay-report Wed, 05 Feb 2014 10:15:00 +0100 novartis-plans-to-trim-executive-pay-report Basel-based pharmaceuticals giant Novartis on Wednesday announced that its net profit fell one percent in 2013 to $9.2 billion from the previous year, blaming the impact of unfavourable exchange rates. https://www.thelocal.ch/20140129/exchange-rates-cut-novartis-profits-for-2013 Wed, 29 Jan 2014 12:23:00 +0100 exchange-rates-cut-novartis-profits-for-2013