'Novartis Weighs Selling Assets From Radiopharma Unit' - Bloomberg News
Portfolio Pulse from Benzinga Newsdesk
Novartis is considering selling assets from its radiopharma unit, according to Bloomberg News. The company has not yet made a final decision and the process is ongoing.
October 03, 2023 | 2:06 pm
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Novartis is considering selling assets from its radiopharma unit. This could potentially impact the company's financials and stock price.
The sale of assets from Novartis' radiopharma unit could potentially bring in significant revenue for the company, which could positively impact its financials and stock price. However, it could also mean a reduction in future revenue streams from these assets, which could negatively impact the company's long-term financial outlook. The impact on the stock price will depend on the details of the sale, including the price and the buyer, which are not yet known.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100