Latin America and Asia boost flat first half for Novartis

Article Abstract:

Novartis' animal health product sales for first-half 2001 fell 5% to Swiss Francs 490 million, but operating income remained steady at Swiss Francs 66 million. Losses in the US and the UK were offset by gains in Asia and Latin America. Novartis has expanded its position in Eastern Europe by acquiring the prescription animal health product line of Selbruha (Budapest, Hungary at end-August 2001.

Switzerland, Hungary, Pharmaceutical industry, Mergers, acquisitions and divestments, Novartis AG, NVTSY, Selbruha

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Provimi's Q3 net income up 34.4%

Article Abstract:

Provimi, of Rotterdam, the Netherlands, has posted third quarter sales of $326 million. Although the company's sales increased in almost all geographic regions, among the strongest areas were Central and Eastern Europe, the United States and France. The article provides additional information on the company's strategies.

Netherlands, Statistical Data Included, Provimi S.A.

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Subjects list: Finance, Veterinary drugs, Veterinary supplies industry
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