SOURCE: Industrial Info Resources

Industrial Info Resources

May 27, 2016 07:30 ET

Novartis Restructuring Continues as Pharmaceuticals Division Splits, Along With Pharma CEO, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - May 27, 2016) - Reported by Annette Kreuger, Industrial Info Resources, Incorporated (Sugar Land, Texas) -- One of the Pharmaceutical-Biotech Industry's top three drug makers, Swiss-based Novartis International AG (NYSE:NVS) (Basel, has restructured its pharmaceuticals division by creating two business units -- Novartis Pharmaceuticals and Novartis Oncology. Coinciding with the organizational split, the division head and chief executive officer of the company's Pharmaceuticals division, David Epstein, called it quits.

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