Novartis CEO: We need to get Europe to pay its fair share
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Novartis CEO Vas Narasimhan highlights the disparity in drug pricing between the U.S. and other countries, urging Europe to pay a fair share for pharmaceuticals.
January 14, 2025 | 6:15 pm
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Novartis CEO Vas Narasimhan emphasizes the need for Europe to contribute more fairly to drug pricing, which could impact Novartis' revenue distribution and pricing strategies.
The CEO's comments suggest a strategic focus on adjusting pricing models in Europe, which could influence Novartis' revenue streams and market strategies. However, immediate stock price impact is uncertain as it depends on policy changes and negotiations.
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