Healthcare Magazine July 2015 | Page 29

1Novartis , Switzerland
10 BIGGEST PHARMACEUTICAL COMPANIES

1Novartis , Switzerland

Market cap : US $ 247.36 billion
Novartis is a global healthcare company based in Switzerland that provides solutions to address the evolving needs of patients worldwide .
Created in 1996 through a merger of Ciba-Geigy and Sandoz , Novartis and its predecessor companies trace roots back more than 250 years , with a rich history of developing innovative products . From beginnings in the production of synthetic fabric dyes , the companies that eventually became Novartis branched out into producing chemicals and ultimately pharmaceuticals .
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