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NVS Novartis AG

96.47
-1.03 (-1.06%)
After Hours
Last Updated: 22:29:19
Delayed by 15 minutes
Name Symbol Market Type
Novartis AG NYSE:NVS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -1.03 -1.06% 96.47 97.47 96.85 97.21 1,426,045 22:29:19

Novartis To Offer Zero-Profit Medicines For Covid-19 Treatment

16/07/2020 6:56am

Dow Jones News


Novartis (NYSE:NVS)
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   By Jessica Sier 
 

Novartis AG said Thursday that it will offer medicines on a zero-profit basis to financially-strained countries to assist in the treatment of Covid-19 symptoms.

The Swiss pharmaceuticals company said the initiative will include 15 medicines that help treat gastro-intestinal illness, acute respiratory symptoms, pneumonia and septic shock for low-income and lower-middle-income patients.

Novartis said the medicines will be made available to governments, non-governmental organizations and other institutional customers in up to 79 countries.

 

Write to Jessica Sier at jessica.sier@wsj.com

 

(END) Dow Jones Newswires

July 16, 2020 01:41 ET (05:41 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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