Strong Financial Performance
Novartis delivered a double-digit sales growth of 15% and a core operating income up 27% for Q1 2025. The core margin reached 42.1%, reflecting a 400 basis points improvement.
Significant Product Approvals
Approvals for Pluvicto, Vanrafia, and Fabhalta in their relevant indications were achieved. Additionally, a global submission for remibrutinib in CSU and OAV-101 IT gene therapy for SMA was made.
Strong Performance of Key Brands
Kisqali grew by 56%, Kesimpta by 43%, Pluvicto by 21%, and Leqvio by 72% in constant currency, showcasing robust growth across priority brands.
Upgraded Full-Year Guidance
Novartis upgraded its full-year 2025 guidance to high single-digit sales growth and low double-digit core operating income growth.