
Gilenya (fingolimod) is owned by Novartis AG (SIX: NOVN, NASDAQ: NVS), a publicly traded Swiss pharmaceutical company headquartered in Basel, Switzerland. The FDA approved Gilenya in 2010 as the first oral disease-modifying therapy for relapsing-remitting multiple sclerosis. Generic fingolimod entered the US market in 2024 after key patents expired, significantly reducing Gilenya's branded revenue. Novartis trades on the SIX Swiss Exchange under ticker NOVN and on NASDAQ under ticker NVS. The drug has been used by over 300,000 patients in more than 90 countries since launch.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Gilenya | Novartis | Wholly owned |
Gilenya was developed by Novartis through research into sphingosine-1-phosphate (S1P) receptor modulation, a novel approach to treating multiple sclerosis. The active ingredient, fingolimod, was originally derived from myriocin, a compound isolated from the fungus Isaria sinclairii.
The FDA approved Gilenya on September 21, 2010, as the first oral disease-modifying therapy for relapsing-remitting multiple sclerosis. This was a significant breakthrough: prior to Gilenya, MS patients relied on injectable treatments. The oral formulation offered a more convenient alternative and quickly made Gilenya one of the most prescribed MS medications globally.
Key clinical trials included TRANSFORMS and FREEDOMS, which demonstrated Gilenya's efficacy in reducing MS relapses and disability progression. These trials were published in major medical journals and presented at neurology conferences.
Following its initial approval, Gilenya received expanded indications, including approval for secondary progressive multiple sclerosis. The drug became one of Novartis's most successful neurology products, generating peak annual sales of approximately $3 billion.
Gilenya's market position began declining after patent expirations. Novartis lost a key patent appeal in the United States, and generic fingolimod manufacturers entered the US market in 2024. Multiple generic manufacturers launched fingolimod products, causing a sharp decline in Gilenya's branded revenue. The drug's revenue contribution to Novartis has decreased significantly since generic entry.
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.
Gilenya's sustainability practices fall under Novartis's global ESG framework.
Novartis publishes annual ESG reports covering Gilenya's environmental and social performance. Brand-level data for Gilenya is not published separately.
Gilenya has not received formal industry awards. The drug's recognition comes from its clinical significance as the first oral MS therapy.
Gilenya has faced several regulatory challenges and safety concerns throughout its market history.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Sanofi | France | 2012 | Premium | Global | Unisex | |
| Roche | Switzerland | 1995 | Mass market | Global | All Genders | |
| Roche | USA (Genentech) | 2017 | Premium | Global | Unisex | |
| Novartis | Switzerland | 2015 | Mass market | Global | All Genders |
Healthcare PharmaceuticalsOwned by Sanofi
Sanofi Genzyme's oral disease-modifying therapy (teriflunomide) for relapsing forms of multiple sclerosis, FDA approved September 12, 2012, that works by inhibiting dihydroorotate dehydrogenase (DHODH) to selectively reduce proliferating lymphocytes driving MS inflammation.
Healthcare PharmaceuticalsOwned by Roche
Prescription immunosuppressant medication (mycophenolate mofetil) for preventing organ rejection in transplant recipients, originally developed by Syntex Laboratories and now marketed by Roche.
Healthcare PharmaceuticalsOwned by Roche
Roche's anti-CD20 biologic therapy (ocrelizumab) for multiple sclerosis, FDA approved March 28, 2017, as the first and only treatment approved for both relapsing and primary progressive MS. Subcutaneous formulation (Ocrevus Zunovo) approved September 2024. Ocrevus generated CHF 7.0 billion in 2025 sales, making it Roche's highest-selling pharmaceutical product.
Healthcare PharmaceuticalsOwned 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.
Market Positioning: Gilenya 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.
Looking for brands with different ownership structures? These similar brands are not owned by Novartis, giving you alternative choices that support different corporate structures.
Healthcare PharmaceuticalsOwned 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.
Alcon operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned 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.
GE HealthCare operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Herbalife Ltd.
Global nutrition and weight-management brand owned by Herbalife Ltd. and sold through independent distributors in more than 90 markets.
Herbalife operates independently without a large parent corporation.
Owned by Menicon Co., Ltd.
Japan's first and largest contact lens manufacturer, founded in 1951 in Nagoya. Known for rigid gas permeable lenses, orthokeratology, and expanding daily disposable silicone hydrogel products.
Menicon operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Novo Nordisk
Danish pharmaceutical company specializing in diabetes care and obesity treatment. Founded in 1923, headquartered in Bagsvaerd, Denmark. World leader in diabetes care and a leader in obesity treatment with Ozempic, Wegovy, and the investigational CagriSema. CEO Lars Fruergaard Jorgensen departed in March 2025; interim leadership under board chairman Helge Lund until a permanent CEO is appointed.
Novo Nordisk operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Pfizer Inc.
American multinational pharmaceutical corporation developing and manufacturing medicines, vaccines, and consumer healthcare products, one of the world's largest pharmaceutical companies.
Pfizer operates independently without a large parent corporation.
Discover popular brands and companies in the Healthcare & Pharmaceuticals category and related searches from other users.

Abbokinase (urokinase) is a thrombolytic medication historically used for pulmonary embolism and catheter clearance. Originally marketed by Abbott Laboratories, now owned by Microbix Biosystems as Kinlytic. FDA-approved since 1978.

Prescription isotretinoin brand developed by Roche and approved by the FDA in 1982 for severe nodular acne. Roche discontinued the brand name in the United States in 2009; the drug continues as Roaccutane in international markets.

Activase (alteplase) is a prescription thrombolytic medication manufactured by Genentech, a wholly-owned subsidiary of Roche. Used to treat acute ischemic stroke, heart attack, and pulmonary embolism.