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Novartis has since fashioned itself as a health-care company, but its core business, which generated 63% of group sales last year, is branded pharmaceuticals, led by brands such as Diovan and Sandimmun. Vasella leaves the other units--including generic drugs, animal health, Gerber, the eye-care unit CIBA Vision and over-the-counter medicines--in the hands of trusted lieutenants. Novartis announced earlier this year that it will divest the unit that makes foods such as Ovaltine. Some analysts say Novartis could pick up its growth if it got rid of more of its noncore businesses. But Vasella argues...

Author: /time Magazine | Title: Drug Lord | 11/13/2007 | See Source »

...drug, which is responsible for much of the recent progress in organ transplantation, is a potent suppressor of the immune system and is particularly effective at inhibiting the rejection of foreign organs. On the surface, cyclosporine (trade name: Sandimmun) would seem to be the last drug one would prescribe for AIDS patients, whose immune systems are already critically depressed. Indeed, an early theory about the cause of AIDS held that it was triggered by a cyclosporine-like substance produced by an infectious fungus...

Author: /time Magazine | Title: Medicine: Furor Over an AIDS Announcement | 11/11/1985 | See Source »

...French tests prompted the U.S. subsidiary of Sandoz, Ltd., the Swiss-based manufacturer of cyclosporine, to announce that it would soon begin tests of the drug in American AIDS patients. Said Max Link, who heads the subsidiary: "Only well-controlled, long-term investigations will answer the question of whether Sandimmun could play a role in the treatment of AIDS...

Author: /time Magazine | Title: Medicine: Furor Over an AIDS Announcement | 11/11/1985 | See Source »

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