Novartis posts profit gain thanks to new drugs

Associated Press
Novartis posts profit gain thanks to new drugs

FILE - The Oct. 25, 2011 file photo shows the entrance of a Novartis production site in Nyon, Switzerland. Swiss pharmaceutical company Novartis AG has reported a 6.7 percent increase in profit for the first quarter, boosted by new products and emerging markets. Novartis says Wednesday, April 24, 2013, its net profit rose to US dollar 2.42 billion from US dollar 2.27 billion in the same period last year. (AP Photo/Keystone, Dominic Favre, File)

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