Novartis gains after raising core profit outlook

By Reuters News

** Swiss drugmaker Novartis NOVN.S is up around 2% to the top of Switzerland's blue-chip SMI index .SSMI after raising its 2026 core operating income guidance

** Vontobel says Q3 profitability "clearly" beat consensus despite weaker contributions from genericized products including Entresto, Promacta and Tasigna

** Shares up about 16% YTD as of previous close


($1 = 0.8273 Swiss francs)

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