Novartis

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Date Submitted: 03/20/2012 12:12 PM

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1. Introduction

The history oft he company started in 1758 by Johann Rudolf Geigy-Gemuseus who just started to sell materials, chemicals, colors and medicines of all kinds. In 1857

Johann Rudolf Geigy-Merian acquired land in Basel with Johann Muller-Pack and based a plant on it. In 1901 the company was converted into AG.

In 1939 was opened a new plant Schweizerhalle, where researcher Paul Müller discovered the insecticide DDT, which brought him the 1948 the Nobel Prize.

From there they introduced many medicine drugs such as Butazolidin, Simazin, Atrazin, Tofranil etc. In 1970 was a fusion of Ciba and Geigy, however, 1996 was even more significant year in the history of Novartis, and this time was the fusion of Sandoz und Ciba-Geigy.

In 2000 Novartis is allowed to sell their Novartis American Depositary Shares on NYSE and in 2004 Novartis Institute for Tropical Diseases (NITD) will be opened in Singapore.

In 2007 the sale of business units Gerber and Medical Nutrition to Nestlé for USD 5.5 billion, or USD 2.5 billion, Novartis exclusively focuses on healthcare.

Now company’s CEO is Joseph Jimenez, who achieved an overall turnover of 51,828 billion CHF. In 2011 company employed 13,548 workers in Switzerland and 110,138 worldwide.

During the visit to Novartis we could observe the amazing infrastructure on the company for their employees. The company builds a little town with laboratories, restaurants, fitness center, and crèches for children of the workers. They also bought some roads, where special shuttles bring the employees to the needed destination.

Novartis is also nature friendly, thus sustainability and environmental protection has priority. Therefore, the Novartis campus has environmentally friendly new buildings and uses the highest energy standards.

2. Business Processes

Novartis build everything for their employees, so the can feel comfortable, thus can be more efficient and productive. They do not exploit their workers,...