The Novartis Campus in Basel, Switzerland. (Novartis )
Business Strategy

Novartis Restructures Organization to Accelerate Growth and Increase Productivity

Under the new organizational structure, Novartis will aim to establish itself as a focused medicines company. The company’s pharmaceuticals and oncology business units will be merged into an Innovative Medicines business with separate US and International commercial organizations. Other divisions such as corporate strategy, R&D portfolio and business development will also be combined to further strengthen the pipeline with high-value medicines. Changes to its Executive Committee have also been announced.

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Providers on the topic

Distillation columns at the JSR chemical plant. (JSR Corporation)
Next-Gen Control Technology

AI Autonomously Runs Chemical Plant for 35 Days

In a field test, a chemical plant in Japan ran autonomously for 35 days with the assistance of an artificial intelligence (AI) solution developed by Yokogawa and the Nara Institute of Science and Technology. The next-generation control technology is capable of taking into account numerous factors such as quality, yield, energy saving, and sudden disturbances.

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