Novartis

Pharmaceuticals

Multinational · Switzerland

Novartis is a Tel Aviv-Yafo-based multinational, established in 1996. Pharmaceuticals. The company has 51-200 employees.

1
Team
1996
Founded
At a Glance
In the News

11 articles covered by sources including finance.yahoo.com, www.calcalistech.com, en.globes.co.il, www.globes.co.il, www.haaretz.com.

finance.yahoo.com · Sep 18, 2025
RHHBY to Acquire 89bio for $3.5B, Add Late-Stage MASH Drug to Pipeline
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Frequently Asked Questions
What does Novartis do?

Novartis AG focuses its business on three divisions: pharmaceuticals, eye care (Alcon), and generics (Sandoz). These three divisions are supported by the research organization, the Novartis Institutes for BioMedical Research, and a centralized services group, Novartis Business Services, to facilitate collaboration across the divisions and drive efficiency and productivity gains. In Israel, in addition to the marketing department, Novartis has a division engaged in medical research and development of new drugs and a wide range of clinical research activities. In 2009, Alcon, a subsidiary of Novartis, acquired Optonol, a company that develops devices for ophthalmologic applications and glaucoma surgery. Since its acquisition, Optonol operates as a subsidiary of the company. Novartis also operates in Israel a Cyber Security research center. Novartis is also present in Israel, through its innovation center BIOME.

Where is Novartis located?

Novartis is based in Totseret ha-Arets Street 6, Tel Aviv-Yafo, Israel. The company also has offices abroad.

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