Novartis says operating profit to grow again in 2023 By Reuters


© Reuters. FILE PHOTO: The company’s logo is seen at the new cell and gene therapy factory of Swiss drugmaker Novartis in Stein, Switzerland, November 28, 2019. REUTERS/Arnd Wiegmann/File Photo

BASEL (Reuters) – Swiss drugmaker Novartis on Wednesday predicted that core operating income would grow in a “mid single digit” percentage range in 2023, following stagnation last year.

Full-year core operating income was broadly flat at $16.7 billion, it said in a statement.

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