October, 08 2026 Thursday 20:15 Hrs
Last update 11-9-2025
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Company News Details

Novartis India Ltd
Industry :  Pharmaceuticals - Multinational
BSE Code
ISIN Demat
Book Value()
500672
INE234A01025
331.2308625
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
NOVARTIND
50.79
4966.06
EPS(TTM)
Face Value()
Div & Yield %
39.6
5
1.24
 

Novartis enters into exclusive promotion and distribution agreement with Novartis Healthcare
Sep 08,2026

Novartis India has entered into an Exclusive Promotion and Distribution Agreement dated 8 September 2026 with Novartis Healthcare (NHPL).

Under the terms of the said Agreement, the Company has been granted the rights to exclusively promote and distribute NHPL's retina portfolio comprising the products Accentrix® (ranibizumab) and Pagenax® (brolucizumab) for the territory of India.

The Agreement is expected to support the Company's entry into the ophthalmology therapy area and expand its commercial portfolio.

The upfront consideration payable by the Company to NHPL shall be Rs 10 crore.

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