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A major investor is pushing Novartis to improve how it handles buying other companies after recent problems.

OpinionRead the original at benzinga.com
Bad for NVS

Novartis had two Phase 3 failures and now faces a public call from a large shareholder for board shake-up and tougher deal oversight.

NVS · Novartis AG

AI read · Bad for NVS

The AI's read

Novartis reported back-to-back Phase 3 failures and drew investor criticism over past deals and write-downs. A large shareholder is urging a board shake-up and tougher deal oversight. Those facts point toward increased governance and financial pressure on the company.

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