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Daily Digit: Novartis Raises Outlook

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Daily Digit: Novartis Raises Outlook
AIRED:
$2.3 billion dollars is today's daily digit - that's the reduced estimate Novartis expects as the impact from losing its U.S. patent for Diovan last year. It had previously forecast $2.7 billion as the hit for the best-selling blood pressure drug. But so far it's been spared the full blow of the patent loss as U.S. regulators are yet to approve another generic copycat version of Diovan by a bigger competitor.moreless
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