The Swiss pharma company Novartis ranks in the top 10 of pharma companies, and boasts drugs ranging from Ritalin and Lamisil to clozapine, Diovan and Gilenya. It also owns the generic giant Sandoz. Unlike its competitor, GlaxoSmithKline, Novartis did not offer free flu vaccines during the H1N1 flu epidemic.

In March 2011, Novartis gained FDA approval for Gilenya, its multiple sclerosis drug. The nod came on the heels of a narrower EMA approval, which grants second-line treatment status. According to experts, the drug could be worth $3 billion in annual sales as the first oral MS drug on the market.

Novartis purchased the remaining portion of eye care company Alcon in a $12.9 billion deal at the end of 2010, marking the end of one of the biggest battles in biopharma. Although many analysts predicted heavy layoffs in 2010 from the company, only 1,400 jobs were cut in December 2010, with the disclaimer that more could be on the way as Novartis, like others in the industry, analyzes its efficiency.

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Feds nail supplier of unapproved cancer drugs

Two individuals have pleaded guilty in separate cases to importing and selling $7 million worth of unapproved oncology drugs to doctors in the U.S., shedding light on the perils of doctors buying foreign-made drugs and thinking they are getting equal quality at lower prices.

OTC plant bites Novartis' reputation again

The closed Novartis consumer products plant in Lincoln, NE, that has besmirched the drug giant's reputation and frustrated CEO Joseph Jimenez has bitten the company again.

EU enforcers accuse J&J, Novartis of delaying fentanyl generic

Johnson & Johnson ($JNJ) and Novartis ($NVS) are the latest pharma companies to feel the ire of EU antitrust regulators. European Commission officials have accused the two drugmakers of delaying a generic version of the painkiller fentanyl--and violating competition laws in the process.

Biogen, Merck, Novartis, others have plants recognized for innovations

The Facility of the Year Awards recognizes winners from the U.S., Ireland, the U.K. and Switzerland, including three vaccine facilities.

UPDATED: Novartis has a win some, lose some day with Gleevec

Novartis and its cancer drug Gleevec had one of those days that starts off not looking so good and then something comes along to turn things around.

Novartis CEO: Don't expect us to slay Vasella's pets

With a new chairman selected to take the helm of Novartis ($NVS), lots of folks are wondering what is in store for the Swiss drugmaker. Not so fast, CEO Joe Jimenez said this week.

Novartis welcomes ex-COO as chairman

Welcome to this week's roundup of hirings and firings throughout the industry. Please send the good word (or the bad) from your shop to Alison Bryant ( email | Twitter ) and we will feature it...

Novartis' Jimenez says no need to sell Roche stake

With a new chairman selected to take the helm of Novartis, lots of folks are wondering what is in store for the Swiss drugmaker. Not so fast, CEO Joe Jimenez said this week.

Watson becomes Actavis, and already future is muted

Watson Pharmaceuticals is no more. The generic drug company has officially taken the name of its most recent acquisition target, Actavis, thinking it has better brand recognition in the markets where it intends to expand.

Novartis faces probes on Tekturna tactics, Iran sales

Novartis may be looking at another trial of its troubled blood pressure drug Tekturna. This would not be a clinical trial, however, but more of the civil or criminal kind.