{"id":63957,"date":"2026-05-12T09:34:21","date_gmt":"2026-05-12T09:34:21","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/63957\/"},"modified":"2026-05-12T09:34:21","modified_gmt":"2026-05-12T09:34:21","slug":"novartis-earnings-hit-by-generic-competition","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/63957\/","title":{"rendered":"Novartis Earnings Hit by Generic Competition"},"content":{"rendered":"<p data-type=\"paragraph\" data=\"[object Object]\" class=\"css-i0p3hh epyej6v0\"><a data-type=\"company\" href=\"https:\/\/www.wsj.com\/market-data\/quotes\/CH\/XSWX\/NOVN\" target=\"_blank\" class=\"ekxajjj0 css-i0lbhy-OverridedLink\" rel=\"nofollow noopener\">Novartis<\/a> <a href=\"https:\/\/www.wsj.com\/market-data\/quotes\/CH\/XSWX\/NOVN\" class=\"css-1p1beha-ChicletStyle e1vl9ktx2\" rel=\"nofollow noopener\" target=\"_blank\">NOVN 0.79%increase; green up pointing triangle<\/a> reported a drop in earnings as generic competition for its top-selling heart drug Entresto hit sales in the first months of the year.<\/p>\n<p data-type=\"paragraph\" data=\"[object Object]\" class=\"css-i0p3hh epyej6v0\">The drug made up around 14% of total group sales last year but has faced pressure as generic versions of the drug hit the market after the expiry of its U.S. patent. Sales of the drug fell 42% in the first quarter to $1.31 billion, ahead of further patent expirations in Europe later this year.<\/p>\n<p class=\"css-16aepit e1jdulti0\">Copyright \u00a92026 Dow Jones &amp; Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8<\/p>\n","protected":false},"excerpt":{"rendered":"Novartis NOVN 0.79%increase; green up pointing triangle reported a drop in earnings as generic competition for its top-selling&hellip;\n","protected":false},"author":2,"featured_media":63958,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[127],"tags":[34942,31903,6277,12822,25359,6274,1126,6273,230,6275,834,16097,22162,34940,4128,25348,6288,25353,25352,1831,34941,228,6263,206,25358,3708,337,17723,12081,6278,6279],"class_list":["post-63957","post","type-post","status-publish","format-standard","has-post-thumbnail","category-novartis","tag-biosimilar-drugs","tag-biotechnology-services","tag-ce-industry-news-filter","tag-cancer-drugs","tag-chnovn","tag-content-types","tag-corporate","tag-corporate-industrial-news","tag-earnings","tag-factiva-filters","tag-financial-performance","tag-gcapi","tag-generic","tag-generic-biosimilar-drugs","tag-healthcare","tag-healthcare-life-sciences","tag-industrial-news","tag-industrial-property-rights","tag-intellectual-property-rights","tag-life-sciences","tag-linkendrnrealtime-linkedarticle-dnco20260428002694","tag-manufacturing","tag-newsplus","tag-novartis","tag-novn-eb","tag-patents","tag-pharmaceuticals","tag-sales-figures","tag-services","tag-synd","tag-wsj-pro-wsj-com"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/63957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=63957"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/63957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/63958"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=63957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=63957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=63957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}