Novartis and its Alcon Division Report Marginally Increased Global Sales in 2014
Wednesday, February 4 2015 | 00 h 00 min | Financial News
Novartis sales increased 1%, or 3% at constant exchange rates to $ US 58 billion ($74 billion CDN). The company expects growth of approximately 5% of its net sales in 2015. Alcon, a Novartis division since 2010, reported an increase of 3% in 2014 to US $10.8 billion ($13.7 billion CDN). Sales of the Vision Care segment, which includes the launch of Dailies Total1 lenses and AirOptix Colors, increased by 2%, while sales of contact lens care products declined.
The surgery business increased by 5%, while Ophthalmic Pharmaceuticals grew by 3% due to good performance of Systane of Ilevro and treatments for glaucoma.
The Novartis report did not provide any North American or Canadian results relating to the Alcon Division.
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