Novartis Raises $2.1B By Selling Bonds Aimed At Improving Access To Medicines In LMICs

STAT: Novartis sells bonds tied to expanding access to medicines in poor countries
“In a first-of-its-kind move by a large drug maker, Novartis (NVS) raised approximately $2.1 billion last week by selling bonds that are tied directly to its progress in making medicines accessible in certain low- and middle-income countries…” (Silverman, 9/22).

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