Novartis (1996-present)
Key events in the history of Novartis since the Ciba and Sandoz merger in 1996
2005
December |
Novartis and Astex Therapeutics form alliance
focused on novel cell cycle anti-cancer drugs. |
November |
Exjade, a breakthrough once-daily oral
iron chelator, receives first approval worldwide in the US for
the treatment of chronic iron overload due to blood transfusions
in adults and children age two and older. |
October |
Xolair gains EU approval as novel therapy for severe allergic asthma, becoming the first monoclonal antibody approved for the treatment of asthma in Europe. |
September |
Novartis makes offer to independent directors
to buy remaining stake in Chiron, reaching a unanimous agreement
with the company’s Board
of Directors in October. US regulatory approval is granted in December.
The acquisition is planned to be completed in the first half of 2006. |
July |
Novartis submits Femara for US and EU regulatory
approval as an adjuvant treatment for postmenopausal women with early
breast cancer, with US approval granted in December. |
June |
Diovan receives EU approval for the treatment
of patients with heart failure, becoming the only agent of its kind
indicated to treat both heart attack survivors and patients with
heart failure. |
May |
Novartis licenses rights from Anadys Pharmaceuticals to develop and commercialize ANA975 for the treatment of chronic hepatitis C. |
April |
Aclasta gains first regulatory approval with the receipt of marketing authorization for the treatment of Paget’s disease of the bone in all 25 European member states as well as Norway and Iceland. |
February |
Novartis announces plans to acquire Hexal
AG and Eon Labs, creating the world leader in generics, with the
Hexal transaction completed in June and Eon Labs in July. |
January |
Novartis provides over USD 2 million in immediate emergency aid for victims of Southeast Asian tsunami disaster. Support includes direct financial assistance to relief organizations and donation of essential medicines, including key malaria treatments and antibiotic drugs. |
2004
December |
The Novartis Foundation for Sustainable Development
celebrates its 25th anniversary with a symposium on the right to
health. |
November |
Sandoz is named as a Division, joining Pharmaceuticals and Consumer Health, as of January 1, 2005. |
October |
Emselex gains EU approval for the treatment
of overactive bladder in all 25 EU member states as well as Norway
and Iceland. |
September |
Femara gains approval in Switzerland as the only post-tamoxifen treatment for early breast cancer, marking the first approval by health authorities for this breast cancer therapy in the extended adjuvant setting. Approvals are also gained in the United Kingdom and the US. |
August |
Zelnorm receives US approval for the additional indication of chronic constipation, becoming the first prescription therapy for this disorder. |
July |
The Novartis Institute for Tropical Disease
opens in Singapore with particular focus on biomedical research for
dengue fever and drugresistant tuberculosis. |
June |
Novartis announces plans to acquire two generics companies: the Danish company Durasacan A/S from AstraZeneca plc and Sabex Holdings Ltd of Canada. |
May |
Visudyne, the leading treatment for certain forms of Age-Related Macular Degeneration (AMD), is launched in Japan. |
April |
Sandostatin LAR receives Japanese approval
for treating acromegaly and symptoms of gastrointestinal hormone
secreting tumors. |
February |
Novartis Medical Nutrition completes the
acquisition of the global adult nutrition business of Mead Johnson
from Bristol-Myers Squibb, which was announced in December 2003. |
January |
A new CHF 3 billion share repurchase program is announced to start following completion of a program initiated in 2002. Shareholders at the Annual General Meeting (AGM) approved the program in February 2004. |
2003
|
19 December |
Novartis makes drug donation to the Global TB Drug Facility: Half a million of the world's poorest turberculosis patient to benefit from free life-saving drugs. |
|
16 December |
Acquisition of worldwide adult medical nutrition business of Mead Johnson & Company, a subsidiary of Bristol-Myers Squibb. |
|
27 November |
New corporate guidelines on human rights. |
|
10 November |
Landmark Diovan (valsartan) mega-trial proves life-saving benefits for heart attack suffers. |
|
10 November |
New partnership with Medicines for Malaria Venture to develp a pediatric formulation of Coartem. |
|
9 October |
Interim results from first study to explore post-tamoxifen use of Femara in postmenopausal women with early breast cancer: Compelling disease-free survival results. |
|
23 June |
FDA approves Xolair, biotechnology breakthrough for asthma |
|
13 June |
FDA approves Stalevo for treatment of Parkinson's disease |
|
12 June |
EMEA updates Zometa label to include longer-term efficacy data on prevention of bone complications in advanced cancers |
|
20 May |
Novartis unites its generics businesses under one single global brand: Sandoz |
|
26 March |
Novartis set for strategic expansion into antiviral medicines through acquisition of 51% of Idenix, a Cambridge MA-based biotech company |
|
18 March |
Novartis acquires Enablex a new incontinence treatment for a rapidly expanding population of patients, from Pfizer |
|
3 January |
Glivec approved in European Union for first-line treatment of chronic myeloid leukemia. |
2002
|
21 December |
Glivec gains FDA approval for first-line treatment of chronic myeloid leukemia |
|
21 November |
Novartis successfully completes its friendly public offer for the Slovenian generic company Lek. |
|
8 October |
Novartis signs an agreement to sell its Food & Beverage business to Associated British Foods plc (ABF). |
|
14 August |
FDA approves use of Diovan in Heart Failure for patients intolerant to ACE inhibitors. |
|
24 July |
FDA approves Zelnorm/Zelmac for the treatment of irritable bowel syndrome. |
|
23 May |
Novartis unveils its Campus project: the St. Johann site in Basel is to be completely redeveloped, under the direction of the architect Vittorio Magnago Lampugnani. |
|
6 May |
Novartis reorganizes its global research network by creating the Novartis Institutes for BioMedical Research (NIBR), headquartered in a new research center in Cambridge, Massachusetts. Mark Fishman is appointed Head of Research. |
|
18 April |
Novartis establishes an external Ethics Committee to evaluate research projects involving human stem cells. |
|
12 March |
Novartis is awarded the Prix Galien in France for the second year in succession - this time for Glivec. |
|
23 February |
FDA grants clearance for the use of Zometa in a second indication - the treatment of bone metastases. |
|
15 February |
Novartis and expo.02 -the Swiss national exhibition-present the Biopolis project. |
|
4 February |
Novartis announces that its Consumer Health Sector intends to divest the Health & Functional Food business. |
2001
13 December |
FDA approves Elidel cream for the treatment of eczema and Trileptal for use as monotherapy in children with epilepsy. |
8 November |
Glivec receives approval for the European market. |
2 November |
Novartis announces that the structure of the Board of Directors is to be modernized, with the establishment of a Corporate Governance Committee. |
September |
FDA grants clearance for the use of Foradil in the treatment of asthma. |
23 August |
FDA grants clearance for the use of Visudyne in the treatment of eye conditions causing loss of vision. |
21 August |
FDA grants clearance for the use of Zometa in the treatment of hypercalcemia of malignancy. |
23 May |
Novartis makes the antimalarial drug Coartem available to the WHO at cost price. |
May |
Visudyne is awarded the Prix Galien for therapeutic innovation in France, Belgium and Portugal. |
May |
FDA grants clearance for Gleevec (Glivec). |
23 April |
In order to acquire the rights to pitavastatin, a cholesterol-lowering compound in development, Novartis takes over the Paris-based company Hazal Finance. |
2 April |
Novartis Generics acquires generics manufacturer Lagap Pharmaceuticals from the company's South African owner, Adcock Ingram. |
Early April |
Starlix receives approval for the European market |
27 February |
The Novartis Respiratory Research Centre - the largest of its kind in the world - is opened in Horsham (UK). |
2000
4 December |
Novartis Generics announces it is to acquire BASF Pharma's European generics business. |
13 November |
Novartis Seeds is merged with AstraZeneca's ' agribusiness operations to form Syngenta, the first global group focusing exclusively on agribusiness. |
November |
Novartis acquires exclusive marketing rights for Estradot from Noven Pharmaceuticals, Inc., Miami, Florida. |
31 August |
Novartis Pharma AG acquires the products Famvir and Vectavir/Denavir from SmithKline Beecham. |
10 July |
The Pharma Sector is reorganized, with the establishment of three Business Units: Primary Care, Specialties (Oncology, Transplantation, Ophthalmics) and Mature Products. |
11 May |
Novartis shares are traded on the New York Stock Exchange in the form of American Depositary Shares (ADSs). |
1996-1999
|
21 April 1999 |
Alex Krauer resigns as Chairman of the Board of Directors and is appointed an Honorary Chairman. Daniel Vasella becomes Chairman, while retaining his position as CEO. |
|
8 April 1998 |
The Novartis Research Foundation announces the setting-up of the Novartis Institute for Functional Genomics. |
|
13 May 1997 |
Novartis announces it is to acquire the crop protection business of Merck & Co., Inc., Whitehouse Station, New Jersey. |
|
20 December 1996 |
Swiss Novartis companies are entered in the Commercial Register. |
|
17 December 1996 |
The US Federal Trade Commission approves the merger. |
|
24 June 1996 |
The shareholders of Ciba approve the merger. |
|
17 June 1996 |
The European Union approves the merger. |
|
23 April 1996 |
The shareholders of Sandoz approve the merger. |
10 Years Novartis

Read about our anniversary on the 10 Years Novartis website.
Novartis Past & Present

Learn more about the great history and current achievements of our company.
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