Novartis raises full year core operating income guidance

By Reuters News

- Novartis NOVN.S raised its full-year core operating income guidance on Tuesday after strong third-quarter demand for its key cancer and multiple sclerosis drugs.

The Swiss drugmaker now expects core operating income to grow by a low single-digit percentage compared to the low single-digit decline previously expected. It maintained its forecast for low single-digit net sales growth.

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