DeFi Intel

Novartis Profit Beats Estimates, Signals Return to Growth

Novartis reported second-quarter core operating income of $5.94 billion, ahead of the $5.34 billion analyst consensus, on revenue of $14.41 billion, as newer cancer and MS drugs including Kisqali offset generic erosion of Entresto. It reaffirmed 2026 guidance, cautioning that one-off benefits would reverse as R&D and launch spending rises.

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