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Novartis Needs Board Shakeup and M&A Revamp, Investor Says

Source: Bloomberg

Healthcare & BiotechManagement & GovernanceM&A & RestructuringInvestor Sentiment & Positioning

Novartis shares plunged after three major clinical-trial setbacks, prompting shareholder Artisan Partners to call for a board shake-up. The activist investor also urged the Swiss drugmaker to improve its dealmaking, raising governance and strategic-execution concerns.

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