Novartis' expenditure on research and development 2004-2023

Novartis AG's expenditure on research and development from 2004 to 2023

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Release date

January 2024

Region

Worldwide

Survey time period

2004 to 2023

Supplementary notes

This statistic was assembled from several annual reports.
* With the 2015 Annual Report, values back to 2011 were restated, as a result of a series of transactions during 2015.
** During 2019, eye care division Alcon was spun off and became an own company. Thus, Alcon's expenses are not included.
** During 2023, generics division Sandoz was spun off and became an own company. Thus, Sandoz's expenses are not included.

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