Novartis chairman says thinking of sale of Alcon eye care division

Drugmaker Novartis (NOVN.S) is thinking of to promote its having difficulties Alcon eye care division, its chairman mentioned in an job interview with Swiss weekly SonntagsZeitung.

Novartis has blamed a failure to innovate and inconsistent shopper company for the troubles at Alcon, a enterprise the corporation little by little purchased from foods maker Nestle in bargains cracked software for windows 7 totaling $fifty one billion.

Alcon will get extended to switch around than anticipated, Chief Govt Joe Jimenez said in Oct, forecasting device gross sales to be flat to slightly down in the present quarter.

"Alcon has not created over the past two years as we experienced expected," Chairman Joerg Reinhardt mentioned in an job interview published on Sunday. Even although Novartis would proceed to press the turnaround, all solutions ended up open in the foreseeable future.

"In the extensive operate, the question arises as to regardless of whether we are the greatest operator for Alcon."

(Reporting by Kirsti Knolle Enhancing by Raissa Kasolowsky)

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