Besides the patent expiration reasons stated, it is apparent that the sales staff needs to be commensurate with market opportunities. The US is becoming a relatively stagnant Pharma market. I think NVS felt that a streamlined sales force could function fine and that global resources were best directed to faster growing markets.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.