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2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
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  3. Healthcare & Pharmaceuticals
  4. Afinitor
Afinitor logo
Healthcare & Pharmaceuticals

Who Owns Afinitor?

Afinitor is owned by Novartis AG, the Swiss multinational pharmaceutical company headquartered in Basel, Switzerland. Novartis developed everolimus, the active ingredient in Afinitor, and received FDA approval in March 2009 for advanced renal cell carcinoma. Novartis markets Afinitor for multiple cancer indications and markets the same active ingredient under the brand name Votubia for tuberous sclerosis complex. Novartis is publicly listed on the SIX Swiss Exchange and the New York Stock Exchange.

Parent Company

Novartis

Founded

2009

Status

Private

Headquarters

Basel, Switzerland

Afinitor Timeline

1996
Novartis

Parent company established in Basel, Switzerland

Company Founded
2009

Afinitor

Founded by Novartis AG

Founded
North AmericaOfficial Website

Who Owns Afinitor?

  • Parent Company: Novartis
  • Ownership Type: Subsidiary
  • Company Type: Publicly Traded
  • Stock Ticker: SIX: NOVN
BrandParent CompanyOwnership Type
AfinitorNovartisSubsidiary

Where to Buy

Disclosure: We may earn commission from purchases
AmazonAfinitor on Amazon

History of Afinitor

  • Founded: 2009
  • Founders: Novartis AG

Rapamycin (sirolimus) was discovered in 1972 by Suren Sehgal, a microbiologist working for Wyeth, from soil samples collected from Easter Island. The compound showed potent immunosuppressive and antifungal properties. Sandoz (later part of Novartis) developed everolimus as a semi-synthetic derivative of sirolimus with improved oral bioavailability and a shorter half-life, better suited for daily oral dosing.

Everolimus received its first regulatory approval as an immunosuppressant to prevent organ rejection in kidney transplant patients, approved in the European Union in 2003 under the brand name Certican, and in the United States in 2010 as Zortress. The transplant indication validated the compound's pharmacology and safety profile before its oncology development was complete.

The oncology program built on understanding of the PI3K/AKT/mTOR signaling pathway, a key driver of cell growth and proliferation in multiple cancer types. Inhibiting mTOR with everolimus showed preclinical activity across renal cell carcinoma, neuroendocrine tumors, breast cancer, and other indications.

FDA Approval Timeline:

  • March 30, 2009: Afinitor approved for advanced renal cell carcinoma after failure of sunitinib or sorafenib (accelerated approval based on progression-free survival)
  • May 2011: Approved for subependymal giant cell astrocytoma (SEGA) associated with tuberous sclerosis complex
  • May 2011: Approved for progressive neuroendocrine tumors of pancreatic origin (PNET)
  • July 2012: Approved for hormone receptor-positive, HER2-negative advanced breast cancer in postmenopausal women in combination with exemestane (based on BOLERO-2 trial data showing improvement in progression-free survival)
  • August 2012: Approved for non-functional neuroendocrine tumors of gastrointestinal or lung origin
  • November 2012: Approved for renal angiomyolipoma associated with tuberous sclerosis complex

The BOLERO-2 trial, which enrolled postmenopausal women with hormone receptor-positive advanced breast cancer that had progressed on a non-steroidal aromatase inhibitor, was a pivotal study. It demonstrated a median progression-free survival of 10.6 months for the Afinitor-plus-exemestane arm versus 4.1 months for placebo-plus-exemestane, establishing Afinitor as an important option in the endocrine-resistant breast cancer setting.

Afinitor's commercial peak was approximately 2013 to 2017. Subsequently, CDK4/6 inhibitors (palbociclib/Ibrance, ribociclib/Kisqali, abemaciclib/Verzenio), approved by the FDA from 2015 onward, displaced Afinitor as the preferred second-line agent in hormone receptor-positive breast cancer due to superior efficacy and tolerability profiles in comparative data. Afinitor remained in use but in later treatment lines.

For renal cell carcinoma, the introduction of checkpoint inhibitors (nivolumab, pembrolizumab) and VEGF/mTOR combination therapies shifted prescribing patterns away from single-agent Afinitor as a later-line option.

As of May 2025, Afinitor's primary commercial base is in the neuroendocrine tumor and tuberous sclerosis complex indications, where it retains a stronger clinical position. Global Afinitor revenues were approximately $1.0 to $1.2 billion annually in recent years, down from a peak of approximately $1.5 billion in 2015.

About Novartis

What does Novartis own?
Novartis owns a portfolio of innovative prescription medicines across oncology, immunology, cardiovascular, neuroscience, and ophthalmology. Key products include Cosentyx (inflammatory diseases), Entresto (heart failure), Kisqali (breast cancer), Kesimpta (multiple sclerosis), Leqvio (cholesterol), Zolgensma (gene therapy for spinal muscular atrophy), Pluvicto (prostate cancer radioligand therapy), and Kymriah (CAR-T cell therapy). Novartis spun off its Sandoz generics division in 2023 and its Alcon eye care division in 2019, both of which are now independent publicly listed companies.

Is Novartis publicly traded?
Yes, Novartis AG is listed on the SIX Swiss Exchange under ticker NOVN and on the New York Stock Exchange under ticker NVS (as American Depositary Receipts). The company has a broad institutional and retail shareholder base with no single controlling shareholder. Major institutional shareholders include Vanguard Group, BlackRock, and Norges Bank Investment Management. The Novartis Foundation for Employee Participation also holds a significant stake.

What is Novartis's revenue?
Novartis reported FY2025 net sales of $50.3 billion, up 12% year over year (17% in constant currencies). Core operating income grew 15% (19% in constant currencies). For 2026, the company guides net sales growth of high single digits and core operating income growth of low double digits. The long-term outlook through 2030 calls for 5% net sales growth and 7% core operating income growth. Revenue is primarily generated from prescription medicine sales in more than 140 countries.

Who founded Novartis?
Novartis was formed in 1996 through the merger of Ciba-Geigy and Sandoz, two of Switzerland's oldest pharmaceutical companies. Ciba-Geigy itself was formed through the 1970 merger of Ciba (founded 1859) and Geigy (founded 1758), both based in Basel. Sandoz was founded in 1886 in Basel. The 1996 merger, valued at approximately $63 billion, was one of the largest corporate mergers in history at the time. The name Novartis comes from the Latin "novae artes," meaning "new skills."

Where is Novartis headquartered?
Novartis AG is headquartered in Basel, Switzerland. Basel has been the center of the Swiss pharmaceutical industry for more than a century, and both Novartis and Roche, another major pharmaceutical company, are headquartered in the city. Novartis operates manufacturing and research facilities in Switzerland, the United States, Germany, Spain, Italy, Japan, China, India, Singapore, and Brazil, and sells products in more than 140 countries worldwide.

Who is the CEO of Novartis?
Vas Narasimhan has served as CEO of Novartis since February 2018. He is a physician by training and has emphasized data science, digital health, and a focused innovative medicines strategy during his tenure. Under his leadership, Novartis spun off Sandoz (2023) and Alcon (2019), transforming the company from a diversified healthcare conglomerate into a focused innovative medicines company. Joerg Reinhardt chairs the board of directors.

What is Novartis's market position?
Novartis is one of the world's largest pharmaceutical companies by revenue, with FY2025 net sales of $50.3 billion. The company competes against Roche, Pfizer, AbbVie, Johnson & Johnson, AstraZeneca, Bristol-Myers Squibb, Merck, and Eli Lilly. Its FY2025 constant-currency sales growth of 17% outpaced many large-cap pharmaceutical peers. The company's long-term outlook of 5% net sales growth through 2030 positions it among the faster-growing companies in the large-cap pharmaceutical sector.

  • Founded: 1996
  • Headquarters: Basel, Switzerland
  • Company Type: Publicly Traded
  • Stock: SIX: NOVN
  • Revenue: $50.3B (FY2025)
  • Employees: ~78,000

Visit Novartis website

View full company profile for Novartis

Where Is Afinitor Made / Based?

  • Headquarters: Basel, Switzerland
  • Manufacturing / Operations: Switzerland, United States, Ireland

Afinitor Categories & Tags

OncologyCancerPharmaceuticalTargeted TherapyNovartisPrescription Drug

Afinitor Sustainability & Ethics

Novartis publishes an annual ESG report with commitments spanning access to medicines, ethical clinical research, environmental sustainability, and employee welfare.

For Afinitor specifically, access considerations are relevant. Afinitor's U.S. list price is approximately $8,000 to $10,000 per month depending on dose and indication, making it among the high-cost targeted therapies. Novartis offers patient assistance programs including the Novartis Patient Assistance Foundation and copay support programs for commercially insured patients.

Everolimus (generic) became available in some markets following patent expirations. In the United States, FDA-approved generic everolimus tablets entered the market from 2019 onward for certain indications, reducing Afinitor's branded market share in price-sensitive payer segments. Novartis continues to market branded Afinitor while acknowledging generic competition.

Novartis's broader sustainability commitments include net-zero greenhouse gas emissions across its operations by 2030, responsible clinical trial conduct, and supply chain due diligence for active pharmaceutical ingredients. Novartis holds membership in the Pharmaceutical Supply Chain Initiative (PSCI), which audits API and ingredient suppliers for environmental and labor standards.

Awards & Recognition

  • FDA Breakthrough Therapy Designation: Afinitor received Breakthrough Therapy designation for tuberous sclerosis complex indications, recognizing its clinical significance in a rare, serious condition.
  • American Society of Clinical Oncology (ASCO) Merit Award: BOLERO-2 trial results were recognized as among the most practice-changing studies in breast cancer at the time of presentation at ASCO 2011.
  • Prix Galien Award (Switzerland): Novartis's development of everolimus received recognition from the Prix Galien Swiss award for pharmaceutical innovation.
  • EMA Centralized Authorization: Afinitor/Votubia received centralized authorization from the European Medicines Agency, enabling marketing in all EU member states from a single approval.
  • NCCN Guidelines Inclusion: Afinitor is included in National Comprehensive Cancer Network (NCCN) clinical practice guidelines for all of its approved indications, a standard for U.S. oncology prescribing.

Afinitor Recalls & Controversies

Mouth Sores (Stomatitis) as a Common Adverse Effect: Clinical trials and post-marketing experience show that oral stomatitis (mouth sores or mucositis) is among the most common and bothersome adverse effects of Afinitor, occurring in approximately 40 to 67% of patients in various trial populations. Grade 3 or 4 stomatitis occurred in approximately 8 to 25% of patients in clinical trials. While not a recall or safety crisis, stomatitis is a significant quality-of-life issue that requires dose modification or discontinuation in a meaningful proportion of patients. Novartis and investigators have studied dexamethasone mouthwash as a preventive measure, with supportive data.

Immunosuppression and Infection Risk: As an mTOR inhibitor, Afinitor suppresses immune function, increasing risk of serious infections including pneumocystis pneumonia (PCP) and aspergillosis. The prescribing information carries warnings for non-infectious pneumonitis, which occurs in approximately 14 to 24% of patients, sometimes severely. Post-marketing cases of fatal pneumonitis have been reported. Physicians are required to monitor for respiratory symptoms and consider withholding or discontinuing Afinitor in patients developing significant pulmonary toxicity.

Breast Cancer Progression-Free Survival vs. Overall Survival: The BOLERO-2 trial demonstrated a statistically significant improvement in progression-free survival for Afinitor plus exemestane versus exemestane alone in hormone receptor-positive breast cancer. However, the trial did not demonstrate a statistically significant overall survival benefit, which is the most definitive endpoint in oncology. Critics at the time of approval argued that PFS improvement alone, particularly using central radiologic review which differed from investigator assessment, was insufficient for approval. FDA approved the indication based on PFS, consistent with its regulatory practice for advanced solid tumors. The overall survival data limitation remained a point of ongoing discussion in the clinical community.

Displacement by CDK4/6 Inhibitors: Following the FDA approvals of CDK4/6 inhibitors palbociclib (2015), ribociclib (2017), and abemaciclib (2017) for hormone receptor-positive advanced breast cancer, Afinitor's use in this indication declined substantially. Head-to-head comparisons and indirect analyses consistently favored CDK4/6 inhibitors over mTOR inhibitors for most patients in the relevant treatment setting. This was not a recall or safety controversy but represented a significant commercial setback driven by clinical displacement.

Drug Interaction Warnings: Afinitor is metabolized by CYP3A4 and is a substrate of P-glycoprotein; it has significant drug-drug interaction potential with strong CYP3A4 inhibitors and inducers. Concomitant use with strong CYP3A4 inhibitors (certain antifungals, macrolide antibiotics) can significantly increase everolimus exposure and toxicity. Prescribers are required to review all concomitant medications carefully. The interaction profile requires specialist prescribing knowledge, limiting use by less experienced prescribers.

Brands Owned by Novartis

CosentyxHealthcare Pharmaceuticals

Cosentyx

Owned by Novartis

Prescription biologic medication treating psoriasis, psoriatic arthritis, and other autoimmune conditions.

biologicautoimmunepsoriasis
EntrestoHealthcare Pharmaceuticals

Entresto

Owned by Novartis

Prescription cardiovascular medication combining sacubitril and valsartan for treating heart failure, developed and marketed by Novartis. Faced generic competition after July 2025 patent expiry following $7.7 billion in 2025 sales.

cardiovascularheart-failureprescription
SandozHealthcare Pharmaceuticals

Sandoz

Owned by Novartis

Global leader in generic and biosimilar pharmaceuticals, spun off from Novartis in October 2023 and publicly traded on the SIX Swiss Exchange (SDZ), reporting FY 2025 net sales of USD 11.1 billion with biosimilars accounting for 30% of total sales.

genericsbiosimilarspharmaceuticals
View all brands owned by Novartis

Afinitor Ownership: Pros & Cons

Advantages

  • +Novartis's global regulatory, manufacturing, and commercial infrastructure ensures consistent supply and access to Afinitor across its approved markets
  • +Multiple approved indications across breast cancer, neuroendocrine tumors, renal cell carcinoma, and tuberous sclerosis complex provide revenue diversification within the everolimus franchise
  • +Strong durable position in tuberous sclerosis complex (TSC), a rare disease with limited treatment alternatives, where Afinitor competes against few other approved agents
  • +Established NCCN guideline inclusion and long prescriber familiarity support sustained use even as newer options become available in some indications

Considerations

  • -Clinical displacement by CDK4/6 inhibitors in breast cancer and by checkpoint inhibitors in renal cell carcinoma has permanently reduced Afinitor's market in its largest historical indications
  • -Generic everolimus competition following patent expiration has eroded branded Afinitor pricing power and market share in price-sensitive payer segments
  • -mTOR inhibitor class toxicities, particularly stomatitis and pneumonitis, limit tolerability relative to some competing agents and require careful patient selection
  • -Afinitor's revenue base is expected to continue declining as generic competition expands and clinical use concentrates in narrower patient populations

Frequently Asked Questions About Afinitor

Sources & Further Reading

  • Afinitor U.S. Full Prescribing Information -
  • FDA Drug Approval History: Afinitor (everolimus) -
  • Novartis AG Annual Report 2024 -
  • SIX Swiss Exchange: NOVN (Novartis AG) -
  • Wikidata: Everolimus entity -
  • BOLERO-2 Trial: Baselga et al., New England Journal of Medicine (2012) -
  • National Comprehensive Cancer Network (NCCN) Clinical Practice Guidelines -
  • EMA: Afinitor/Votubia European Public Assessment Report -
  • Novartis ESG Report 2024 -
  • ClinicalTrials.gov: Everolimus studies -

Competitors to Afinitor

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
AdcetrisAdcetris
Pfizer
United States
2011
Mass marketNorth americaAll Genders
TarcevaTarceva
Roche
Switzerland
2004
EstablishedGlobalUnisex
TasignaTasignaSister Brand
Novartis
Switzerland
2007
EstablishedGlobalUnisex
TaxotereTaxotere
Sanofi
France
1996
EstablishedGlobalUnisex

Learn More About Competitors

AdcetrisHealthcare Pharmaceuticals

Adcetris

Owned by Pfizer Inc.

Prescription antibody-drug conjugate treatment for classical Hodgkin lymphoma and CD30-expressing peripheral T-cell lymphomas, co-developed by Seagen and licensed to Takeda Pharmaceutical.

oncologyantibody-drug-conjugatelymphoma
TarcevaHealthcare Pharmaceuticals

Tarceva

Owned by Roche

Prescription oncology drug (erlotinib) for lung and pancreatic cancer, owned by Roche Holding AG.

oncologylung-cancerpancreatic-cancer
TasignaHealthcare Pharmaceuticals

Tasigna

Owned by Novartis

Prescription oncology drug (nilotinib) for chronic myeloid leukemia, owned by Novartis AG. Generic versions launched in 2025.

oncologyleukemiacml
TaxotereHealthcare Pharmaceuticals

Taxotere

Owned by Sanofi

Prescription chemotherapy drug (docetaxel) for breast and other cancers, owned by Sanofi. Subject of permanent alopecia litigation.

oncologychemotherapybreast-cancer

Competitive Analysis

Market Positioning: Afinitor competes with 4 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Afinitor

Looking for brands with different ownership structures? These similar brands are not owned by Novartis, giving you alternative choices that support different corporate structures.

PfizerHealthcare Pharmaceuticals

Pfizer

Owned by Pfizer Inc.

American multinational pharmaceutical corporation developing and manufacturing medicines, vaccines, and consumer healthcare products, one of the world's largest pharmaceutical companies.

pharmaceuticalvaccinesmedicines
Publicly Traded

Pfizer operates independently without a large parent corporation.

AlconHealthcare Pharmaceuticals

Alcon

Owned by Alcon Inc.

Independent publicly traded global eye care company headquartered in Geneva, Switzerland, specializing in surgical equipment, contact lenses, and ophthalmic products. Spun off from Novartis in April 2019.

eye-carecontact-lensesophthalmic
Publicly Traded

Alcon operates independently without a large parent corporation.

Bausch + LombHealthcare Pharmaceuticals

Bausch + Lomb

Owned by Bausch + Lomb Corporation

Global eye health company and contact lens manufacturer founded in 1853, known for ULTRA, Biotrue One Day, and INFUSE lens lines. Public on NYSE and TSX under BLCO.

contact-lensesvision-carebausch-lomb
Publicly Traded

Bausch + Lomb operates independently without a large parent corporation.

GE HealthCareHealthcare Pharmaceuticals

GE HealthCare

Owned by GE HealthCare Technologies Inc.

Independent publicly traded healthcare technology company spun off from General Electric in January 2023, providing medical imaging, diagnostics, and healthcare IT solutions globally.

healthcare-technologymedical-imagingdiagnostics
Publicly Traded

GE HealthCare operates independently without a large parent corporation.

GoodRxHealthcare Pharmaceuticals

GoodRx

Owned by GoodRx Holdings, Inc.

American healthcare technology platform providing prescription drug price comparison, discount coupons, and telehealth services to help consumers find affordable healthcare options.

prescription-savingshealthcare-technologydrug-prices
Publicly Traded

GoodRx operates independently without a large parent corporation.

HerbalifeHealthcare Pharmaceuticals

Herbalife

Owned by Herbalife Ltd.

Global nutrition and weight-management brand owned by Herbalife Ltd. and sold through independent distributors in more than 90 markets.

nutritiondietary-supplementsweight-management
Publicly Traded

Herbalife operates independently without a large parent corporation.

Novartis Stock Information

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Last reviewed: May 25, 2026 · Reviewed by Who Brands Editorial Team