Novartis considers selling Alcon: Layout medical ophthalmology market

In 2010, Novartis acquired Alcon, a subsidiary of Nestlé's ophthalmic products, for $51.6 billion to become the world's largest manufacturer of ophthalmic health products. Prior to the acquisition of Alcon, Novartis's contact lens manufacturer, Vision, was the only non-pharmaceutical business unit retained after its divestiture of medical supplements and baby food. However, the performance of Kangkang is too general, and Novartis is determined to spend a lot of money to buy Alcon.

At that time, Novartis was facing difficulties in the patented drug business. In the case of new drug development difficulties and the impact of generic drugs, Novartis's eyes began to focus on other areas, the eye care business is exactly one, and hope to reverse the company's patented drug protection expired and the sales of the best-selling drugs may decline. The loss brought. At the time of the acquisition, Novartis stated that the acquisition of Alcon will help the company achieve its long-term development goals in the eye care market, and Novartis is very optimistic about the development of eye care and can build a broader eye care portfolio. .

In February of this year, Novartis reorganized Alcon's ophthalmology business and took over the business unit by former Hospira CEO Michael Ball, and transferred most of Alcon's ophthalmic prescription drugs to pharmaceutical units, with some sales of $900 million to $1 billion. Mature drugs will be transferred to the generic unit.

Novartis considers selling Alcon: Layout medical ophthalmology market

Novartis Chairman Joerg Reinhardt

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