Novartis AG NVS reported a gain in its first-quarter net profit.
Novartis posted its quarterly net profit of $2.94 billion, versus analysts' estimates of $3.05 billion.
Its sales climbed 1% to $14.02 billion, missing estimates of $14.22 billion.
Novartis shares fell 1.31% to $85.43 in pre-market trading.
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