What is Novartis?
Novartis AG (Novartis) is a healthcare company that focuses on the discovery, development, manufacture, and marketing of prescription and generic pharmaceutical products and eye care products.
Novartis South Africa Contact Details
Head Office: Novartis, South Africa (Pty) Ltd
Address: P.O. Box 12257, Vorna Valley 1686, SOUTH AFRICA
Phone: +27 11 347 6600
Where is Novartis located in South Africa?
Details. Novartis is close to the Allandale interchange with easy access to the N1 highway and is centrally located between Johannesburg and Pretoria. Located next to the Mall of Africa and Waterfall Park.
Why is Novartis so cheap?
Among broadly diversified pharma companies, Novartis is comparatively cheap (see below).
This has likely to do with the company’s generics and biosimilars business unit Sandoz, which weighs on its return on invested capital (14% on average). In comparison, Roche’s ROIC is around 33%.