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Novartis AG (0QLR.IL)

IOB - IOB Delayed Price. Currency in CHF
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98.48-1.06 (-1.06%)
At close: 05:52PM BST
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Previous Close99.54
Open98.51
Bid96.02 x N/A
Ask100.94 x N/A
Day's Range98.38 - 99.61
52 Week Range83.05 - 233.50
Volume1,143,384
Avg. Volume610,205
Market Cap225.801B
Beta (5Y Monthly)0.49
PE Ratio (TTM)30.68
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield3.20 (3.78%)
Ex-Dividend DateMar 09, 2023
1y Target EstN/A
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  • Reuters

    Swiss competition authority closes Novartis probe without consequences

    BERLIN (Reuters) -Switzerland's COMCO competition commission terminated an investigation against Novartis into possibly using blocking patents, without consequences, it said on Thursday. COMCO opened the probe in September 2022 to determine whether the pharmaceutical giant intended to unlawfully protect one if its medicines by filing various patent infringement lawsuits, the commission said in a statement. "The investigation revealed that Novartis' actions finally were common practice in the field of patent law and, further, did not confirm the above indications of an unlawful restraint of competition," it said in the statement.

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