Tuesday, April 28, 2020

Novartis Benefited By COVID-19 Forward Purchasing; Sees Slowdown In Enrollments

Swiss drug major Novartis on Tuesday confirmed its fiscal 2020 outlook after its first-quarter earnings. Sales were benefited partly by increased forward purchasing and lower spending due to COVID-19. However, these impacts are expected to reverse in the rest of 2020. Novartis said the pandemic did not have a material impact on its underlying business in the quarter.

from RTT - Earnings https://ift.tt/3f4u3CD
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