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October Surprise 2024

Novartis’ board faces investor scrutiny after M&A misfires … – BioSpace

The risk that Novartis will fail to realize a return on the buyout has intensified investor scrutiny of leadership’s M&A strategy. Successive Novartis chairs have failed on acquisitions, and the company must change how it oversees deals, David Samra, managing director at Artisan Partners, told Reuters. Artisan is a major shareholder in Novartis.