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Novartis Shanghai switches from drug research to drug development

Because the Chinese Government is accelerating drug approvals, Novartis needs to dedicate its resources toward getting medicines on China's market. Consequently, the company's Shanghai...

Tencent, Novartis launch online platform for heart patients

Novartis and Tencent jointly announced the launch of an online disease management platform for heart patients. On the platform named AI, it will be...

China approves Novartis multiple sclerosis drug

Novartis won the approval in China for its multiple sclerosis drug Gilenya. Officially, only about 30,000 people in China live with multiple sclerosis (compared...

Novartis boosts drug R&D in China

Novartis plans to expand it's R&D for innovative drugs in China, it's expected that the company will submit 50 drug applications in the country...

Strong Swiss presence at the China International Import Expo

China’s new focus on import products is an excellent opportunity for Swiss businesses; consequently, Switzerland’s presence at the China International Import Expo (CIIE) was...

Novartis profit and sales rise

Novartis stated that its first-quarter profit and sales rose: Net income rose from USD 1.67 billion to USD 2.03 billion and net sales from...

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Renminbi Hub in Switzerland has 13 partner banks

In 2016, the China Construction Bank (CBC) established the Renminbi Hub in Switzerland and since then, is developing cross-border business with the currency in...
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China 2020 Economic Report

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