Novartis (NOVN.S) cannot rule out selling its Alcon eye care and surgery equipment division, its chief lawyer said on Thursday, helping fan speculation the Swiss drug company could offload a business that has been struggling to revitalize sales.
General Counsel Felix Ehrat told a mergers and acquisitions conference in Zurich that Alcon's position as a leading surgical instruments maker fits Novartis's overall strategy of focusing on divisions which are among the largest players in their respective sectors.
General Counsel Felix Ehrat told a mergers and acquisitions conference in Zurich that Alcon's position as a leading surgical instruments maker fits Novartis's overall strategy of focusing on divisions which are among the largest players in their respective sectors.
