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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
  2. Brands
  3. Healthcare & Pharmaceuticals
  4. Gilenya
Gilenya logo
Healthcare & Pharmaceuticals

Who Owns Gilenya?

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.

Parent Company

Novartis

Founded

2010

Status

Publicly Traded

Headquarters

Basel, Switzerland

Gilenya Timeline

1996
Novartis

Parent company established in Basel, Switzerland

Company Founded
2010

Gilenya

Founded by Novartis (internal development)

Founded
premiumdeclining brandedGlobalall-consumersOfficial Website

Who Owns Gilenya?

  • Parent Company: Novartis
  • Ownership Type: Wholly owned
  • Company Type: Publicly Traded
  • Stock Ticker: SIX: NOVN
BrandParent CompanyOwnership Type
GilenyaNovartisWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonGilenya on Amazon

History of Gilenya

  • Founded: 2010
  • Founders: Novartis (internal development)

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.

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 Gilenya Made / Based?

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

Gilenya Categories & Tags

ImmunologyMultiple SclerosisPrescriptionMedicationNeurologyFingolimod

Gilenya Sustainability & Ethics

Gilenya's sustainability practices fall under Novartis's global ESG framework.

  • Net-Zero Target: Novartis aims to become a net-zero company by 2040. Gilenya's manufacturing processes incorporate energy efficiency measures and waste reduction programs.
  • Supply Chain Sustainability: Novartis integrates environmental sustainability criteria in supply contracts. The company introduced the Environmental Sustainability Supplier Playbook in 2023 to guide supplier environmental performance.
  • Pharmaceuticals in the Environment (PiE): Novartis conducts environmental risk assessments for its pharmaceutical products, including Gilenya, to assess potential impact on aquatic ecosystems.
  • Ethical Clinical Research: Gilenya was developed through Novartis's clinical research framework, which includes independent ethics committee review, patient safety monitoring, and publication of all trial results.
  • Patient Access Programs: Novartis implements patient access programs for Gilenya in low- and middle-income countries, including tiered pricing and access partnerships.

Novartis publishes annual ESG reports covering Gilenya's environmental and social performance. Brand-level data for Gilenya is not published separately.

Awards & Recognition

Gilenya has not received formal industry awards. The drug's recognition comes from its clinical significance as the first oral MS therapy.

  • First Oral Disease-Modifying Therapy for MS (2010): Gilenya's FDA approval on September 21, 2010, as the first oral disease-modifying therapy for relapsing-remitting MS was recognized as a major advancement in MS treatment by neurologists and MS specialists.
  • TRANSFORMS and FREEDOMS Clinical Trials: The pivotal clinical trials that led to Gilenya's approval have been cited extensively in medical literature and presented at major neurology conferences, including the American Academy of Neurology annual meeting.
  • Treatment Guideline Inclusion: Gilenya has been included in major MS treatment guidelines, including those from the American Academy of Neurology and the National Multiple Sclerosis Society, reflecting the medical community's recognition of its therapeutic value.
  • Over 300,000 Patients Treated: Since its launch, Gilenya has been used by over 300,000 patients in more than 90 countries, representing a significant contribution to MS treatment worldwide.

Gilenya Recalls & Controversies

Gilenya has faced several regulatory challenges and safety concerns throughout its market history.

  • FDA Warning on Disease Worsening After Discontinuation (November 2018): The FDA issued a safety warning about severe worsening of multiple sclerosis after stopping Gilenya treatment. The disease can become much worse than before treatment began, potentially resulting in permanent disability. The FDA required a new warning on the Gilenya drug label and patient Medication Guide.
  • Cardiovascular Safety Concerns: Gilenya can cause bradycardia (slow heart rate) and heart block after the first dose. The FDA implemented a Risk Evaluation and Mitigation Strategy (REMS) program requiring cardiovascular monitoring for at least six hours after the first dose.
  • Infection Risk: Clinical trials identified increased risk of infections, particularly herpetic infections. Two patient deaths were reported in controlled trials due to disseminated herpes zoster and herpes simplex encephalitis. The FDA label includes warnings about herpetic infections.
  • Macular Edema Risk: Gilenya is associated with risk of macular edema (fluid accumulation in the retina), requiring regular ophthalmological monitoring for patients with diabetes or history of uveitis.
  • Liver Function Monitoring: The medication can cause increases in liver enzymes, requiring regular monitoring of liver function during treatment.
  • Pregnancy Contraindication: Gilenya carries contraindications for use during pregnancy due to potential fetal harm. Patients of childbearing potential must use contraception during treatment and for two months after discontinuation.
  • Patent Disputes and Generic Entry: Novartis engaged in significant patent litigation to protect Gilenya from generic competition. A 2017 intellectual property rights decision temporarily extended market protection. However, key patents expired, and generic fingolimod entered the US market in 2024, causing a sharp decline in branded revenue.
  • Generic Quality Concerns (2024): Clinical reports emerged concerning subpotent generic fingolimod products, with case series documenting clinical and radiological implications of reduced potency in some generic formulations. These concerns raised questions about generic drug quality and bioequivalence in the MS treatment market.

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

Gilenya Ownership: Pros & Cons

Advantages

  • +First oral disease-modifying therapy for relapsing-remitting MS (FDA approved 2010)
  • +Proven efficacy in reducing MS relapses and disability progression
  • +Convenient oral dosing compared to injectable MS treatments
  • +Over 300,000 patients treated in more than 90 countries
  • +Backed by Novartis's research capabilities and pharmaceutical expertise
  • +Pivotal clinical trials (TRANSFORMS, FREEDOMS) published in major medical journals

Considerations

  • -Generic fingolimod available since 2024, significantly reducing branded revenue
  • -FDA warning for severe MS worsening after discontinuation (November 2018)
  • -Requires cardiovascular monitoring for at least six hours after first dose
  • -Risk of serious infections, including herpetic infections (two deaths in trials)
  • -Macular edema risk requiring ophthalmological monitoring
  • -Contraindicated during pregnancy due to potential fetal harm
  • -High cost as a branded prescription drug, though generics now offer lower-cost alternatives

Frequently Asked Questions About Gilenya

Sources & Further Reading

  • Gilenya Official Website -
  • Novartis Official Website -
  • Novartis Investor Relations -
  • FDA Safety Communication on Gilenya (November 2018) -
  • FDA Gilenya Prescribing Information -
  • National Multiple Sclerosis Society -
  • American Academy of Neurology -
  • ClinicalTrials.gov: Gilenya Studies -
  • SIX Swiss Exchange: Novartis (NOVN) -
  • NASDAQ: Novartis (NVS) -
  • Wikipedia: Fingolimod -
  • Multiple Sclerosis Journal -
  • Neurology Journal -

Competitors to Gilenya

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
AubagioAubagio
Sanofi
France
2012
PremiumGlobalUnisex
CellCeptCellCept
Roche
Switzerland
1995
Mass marketGlobalAll Genders
OcrevusOcrevus
Roche
USA (Genentech)
2017
PremiumGlobalUnisex
EntrestoEntrestoSister Brand
Novartis
Switzerland
2015
Mass marketGlobalAll Genders

Learn More About Competitors

AubagioHealthcare Pharmaceuticals

Aubagio

Owned 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.

multiple-sclerosisteriflunomidedhodh-inhibitor
CellCeptHealthcare Pharmaceuticals

CellCept

Owned by Roche

Prescription immunosuppressant medication (mycophenolate mofetil) for preventing organ rejection in transplant recipients, originally developed by Syntex Laboratories and now marketed by Roche.

immunosuppressiontransplantorgan-rejection
OcrevusHealthcare Pharmaceuticals

Ocrevus

Owned 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.

multiple-sclerosisocrelizumabanti-cd20
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

Competitive Analysis

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.

Independent Alternatives to Gilenya

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

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.

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.

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.

MeniconHealthcare Pharmaceuticals

Menicon

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.

contact-lensesvision-carergp-lenses
Publicly Traded

Menicon operates independently without a large parent corporation.

Novo NordiskHealthcare Pharmaceuticals

Novo Nordisk

Owned 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.

pharmaceuticalsdiabetesobesity
Publicly Traded

Novo Nordisk operates independently without a large parent corporation.

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.

Novartis Stock Information

Jobs at Novartis

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team