Novartis Institutes for BioMedical Research. The definitive Head of Global Drug Development will be announced in due course. In 2016, the Group achieved net sales of USD 48.5 billion, while R&D throughout the Group amounted to approximately USD 9.0 billion. US Country President, Global Head, Litigation, and President of Novartis Corporation ... Bryant Aaron. Head, People & Organization US Global Business Partner Country Presidents and Country Coordinator P&O. Novartis appoints ad interim leader for its Global Drug Development organization. Basel, January 11, 2018 - Novartis announced today that Elizabeth (Liz) Barrett, currently Global President Oncology at Pfizer, Inc., has been appointed CEO Novartis Oncology and a member of the Executive Committee of Novartis, effective February 1, 2018. In particular, our expectations could be affected by, among other things: regulatory actions or delays or government regulation generally; the potential that the strategic benefits, synergies or opportunities expected from the significant reorganizations of recent years may not be realized or may take longer to realize than expected; the uncertainties inherent in the research and development of new healthcare products; our ability to obtain or maintain proprietary intellectual property protection on key products; safety, quality or manufacturing issues; global trends toward health care cost containment, including government, payor and general public pricing and reimbursement pressures; uncertainties regarding actual or potential legal proceedings; and other risks and factors referred to in Novartis AG's current Form 20-F on file with the US Securities and Exchange Commission. Most recently, Vicki served as Global P&O Head, Novartis Global Drug Development, based in Basel. Vasant (Vas) Narasimhan, designated CEO of Novartis, said: "Liz is a highly accomplished and recognized oncology and people leader with an impressive record of building successful business organizations in the US, Europe and globally. Prior to joining Sumitomo Dainippon Pharma Oncology (SDP Oncology), Ms. Andrews spent 7 years at Boston Biomedical, Inc., one of the predecessor companies, and served as Chief Executive Officer and Chief Operating Officer. Novartis appoints experienced pharmaceuticals industry leader with strong marketing skills to drive oncology business further. She has been instrumental in creating new commercial models, driving innovation in close partnership with research and development and leveraging business development opportunities. She joined Novartis in 2003 as HR Business Partner, Oncology North America, Latin America and Emerging Growth Markets, taking on the Global HR Head Oncology from 2006 to 2012. Carol Lynch. Basel, December 20, 2018 - Novartis announced today that Susanne Schaffert, Ph.D., currently President, Advanced Accelerator Applications (AAA), a Novartis company, has been appointed CEO Novartis Oncology. Dr. Kowalski has been Head of Global Regulatory Affairs for Novartis since February 2016 and has played an important leadership role in securing approvals for several breakthrough medicines including our revolutionary CAR-T therapy KymriahTM. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release as a result of new information, future events or otherwise. Novartis Group companies employ approximately 121,000 full-time-equivalent associates. Prior to that she was Global HR Head, Vaccines and Diagnostics. in industrial and labor relations from Cornell University. Novartis is on Twitter. Vicki Rawlinson is Head, People & Organization (P&O) US and Global Business Partner Country Presidents and Country Coordinator P&O. Novartis US is led by the Country Leadership Team (CLT) which includes the US Division and Country Heads of the key functions ... Novartis Oncology US. In her most recent role at Pfizer, she led the oncology business through a significant period of growth achieved in less than three years. You should not place undue reliance on these statements. Patricia S. Andrews serves as the Chief Executive Officer and Global Head of Oncology.

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