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Novartis AG announces a strategic review of its 70.68% shareholding in Indian subsidiary, Novartis India Limited.
Swiss pharmaceutical company Novartis AG has announced a strategic review of its Indian subsidiary, Novartis India Limited.
The review will include an assessment of the company's 70.68% shareholding in Novartis India.
However, the review will not affect Novartis Healthcare Private Limited, which includes the Novartis Corporate Center in Hyderabad and R&D teams conducting clinical trials at over 300 locations in the country.
There is no guarantee that the strategic review will be completed in 2024 or result in any transaction.
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Novartis AG anuncia una revisión estratégica de su participación del 70,68% en la filial india, Novartis India Limited.