NOVARTIS PHARMA
The computed 12-month bankruptcy probability of NOVARTIS PHARMA is 0.4% (very low). The 2024 annual accounts show equity of €47.10M and a net result of €13.43M. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €47.10M |
| Net result | €13.43M |
| Staff (FTE) | 210.1 |
| Active | 29 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | €356.47M |
| EBITDA | €14.24M |
| Net profit | €13.43M |
| Cash flow | €13.63M |
| Staff costs | €37.75M |
| Income taxes | €52k |
| Dividends | - |
| Total assets | €151.93M |
| Equity | €47.10M |
| Debt | €97.21M |
| of which ≤ 1y | €96.46M |
| of which > 1y | - |
| Working capital | €54.91M |
| Employees (FTE) | 210.1 |
| 2024 | |
|---|---|
| Current ratio | 1.57 |
| Quick ratio | 0.85 |
| Working capital ratio | 36.1% |
| Solvency | 31.0% |
| Debt / equity | 2.06 |
| Long-term debt ratio | - |
| Interest coverage | 21.26 |
| Gross margin | 26.3% |
| Net margin | 3.8% |
| ROA | 8.8% |
| ROE | 28.5% |
| EBITDA margin | 4.0% |
| Days sales outstanding | 76d |
| Days payable outstanding | 39d |
| Inventory turnover | 3.79 |
| Days inventory (DSI) | 96d |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €151.93M |
| Fixed assets | 21/28 | €567k |
| Tangible fixed assets | 22/27 | €532k |
| Financial fixed assets | 28 | €36k |
| Current assets | 29/58 | €151.37M |
| Stocks & contracts in progress | 3 | €69.24M |
| Amounts receivable within one year | 40/41 | €81.87M |
| Cash & bank | 54/58 | €67k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €151.93M |
| Equity | 10/15 | €47.10M |
| Contributions / capital | 10/11 | €10.17M |
| Reserves | 13 | €724k |
| Accumulated profits (losses) | 14 | €36.20M |
| Provisions & deferred taxes | 16 | €7.63M |
| Amounts payable | 17/49 | €97.21M |
| Amounts payable within one year | 42/48 | €96.46M |
| Trade debts payable within one year | 44 | €27.79M |
| Income statement | ||
| Turnover | 70 | €356.47M |
| Operating result | 9901 | €14.04M |
| Financial income | 75 | €161k |
| Financial charges | 65 | €717k |
| Result before taxes | 9903 | €13.48M |
| Income taxes | 67/77 | €52k |
| Net result for the period | 9904 | €13.43M |
| Result to be appropriated | 9905 | €13.43M |
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Current01-03-2022 → present
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Current21-09-2021 → present
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Current10-06-2021 → present
2 events
- 01-07-2022 Appointed· Director
- 10-06-2021 Appointed· Director
Historic, not recently confirmed (32)
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Not recently confirmedlast confirmed in an act from 2018
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Not recently confirmedlast confirmed in an act from 2017
2 events
- 10-08-2017 Appointed· Director
- 13-01-2017 Appointed· Director
-
Not recently confirmedlast confirmed in an act from 2017
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Not recently confirmedlast confirmed in an act from 2017
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Not recently confirmedlast confirmed in an act from 2016
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 01-07-2016 Appointed· Directeur groep b
- 27-08-2012 Appointed· Head communication
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 01-07-2016 Appointed· Directeur groep b
- 27-08-2012 Appointed· Head marketing & sales operations
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Not recently confirmedlast confirmed in an act from 2016
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Not recently confirmedlast confirmed in an act from 2016
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 01-07-2016 Appointed· Directeur groep b
- 12-01-2011 Appointed· Head marketing primary care
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 02-08-2016 Mandate renewed· Director
- 01-07-2016 Appointed· Directeur groep a
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Not recently confirmedlast confirmed in an act from 2016
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 01-07-2016 Appointed· Directeur groep b
- 27-08-2012 Appointed· Head public affairs, ma & dra
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 01-07-2016 Appointed· Directeur groep b
- 27-08-2012 Appointed· Head human resources
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 01-07-2016 Appointed· Directeur groep b
- 01-11-2012 Appointed· Head human resources
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Not recently confirmedlast confirmed in an act from 2016
2 events
- 01-07-2016 Appointed· Directeur groep b
- 27-08-2012 Appointed· Head neuroscience & ms
-
Not recently confirmedlast confirmed in an act from 2013
2 events
- 04-11-2013 Appointed· Director
- 27-05-2013 Appointed· Director
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Not recently confirmedlast confirmed in an act from 2013
-
Not recently confirmedlast confirmed in an act from 2012
2 events
- 27-08-2012 Appointed· Head primary care
- 08-12-2010 Appointed· Head commercial effectiveness and productivity
-
Hilde van der KampPharma division head belgium & country head belgiumState Gazette act 12146407 (27-08-2012)Not recently confirmedlast confirmed in an act from 2012
2 events
- 27-08-2012 Appointed· Pharma division head belgium & country head belgium
- 07-06-2012 Appointed· Director
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Not recently confirmedlast confirmed in an act from 2012
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Not recently confirmedlast confirmed in an act from 2012
-
Not recently confirmedlast confirmed in an act from 2012
2 events
- 27-08-2012 Appointed· Head legal
- 21-03-2011 Appointed· Head market access & regulatory affairs
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Not recently confirmedlast confirmed in an act from 2012
-
Not recently confirmedlast confirmed in an act from 2012
2 events
- 27-08-2012 Appointed· Head finance and administration
- 21-07-2011 Appointed· Cfo
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Not recently confirmedlast confirmed in an act from 2012
-
Not recently confirmedlast confirmed in an act from 2011
2 events
- 06-12-2012 Resigned· Director
- 06-06-2011 Mandate renewed· Director
-
Not recently confirmedlast confirmed in an act from 2007
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Not recently confirmedlast confirmed in an act from 2006
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Not recently confirmedlast confirmed in an act from 2006
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Not recently confirmedlast confirmed in an act from 2006
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Not recently confirmedlast confirmed in an act from 2006
Former directors (16)
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Former01-03-2022 → 01-07-2022
2 events
- 01-07-2022 Resigned· Director
- 01-03-2022 Appointed· Director
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Former21-09-2021 → 01-03-2022
2 events
- 01-03-2022 Resigned· Director
- 21-09-2021 Appointed· Director
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Former06-06-2019 → 01-03-2022
2 events
- 01-03-2022 Resigned· Director
- 06-06-2019 Appointed· Director
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Former10-08-2017 → 19-05-2020
2 events
- 19-05-2020 Resigned· Director
- 10-08-2017 Mandate renewed· Director
-
Former- → 02-08-2016
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Former- → 04-11-2013
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Former06-06-2011 → 01-04-2013
3 events
- 01-04-2013 Resigned· Director
- 27-08-2012 Appointed· Director
- 06-06-2011 Mandate renewed· Director
-
Former27-08-2012 → 01-09-2012
2 events
- 01-09-2012 Resigned· Head human resources
- 27-08-2012 Appointed· Head qa
-
Former01-04-2010 → 27-08-2012
4 events
- 27-08-2012 Resigned
- 01-04-2012 Resigned· Director
- 03-06-2010 Appointed· Director
- 01-04-2010 Appointed· Financiële handtekeningbevoegdheid van groep a
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Former- → 05-08-2011
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Former23-02-2006 → 05-08-2011
2 events
- 05-08-2011 Resigned· Head commercial operations & mp general medicines
- 23-02-2006 Appointed· Head sales & marketing cns
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Former- → 21-07-2011
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Former- → 31-01-2011
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Former03-07-2007 → 28-06-2010
3 events
- 28-06-2010 Resigned· Director
- 01-01-2010 Resigned· Director
- 03-07-2007 Appointed· Director
-
Former- → 01-02-2006
-
Former- → 01-01-2006
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| KPMG Réviseurs d'EntreprisesCurrent Statutory auditor · represented by Steven Veyt |
- | 19-08-2022 → present |
| NACE primary | Groothandel in farmaceutische en medische artikelen(46460) |
| Legal form | Public limited company(014) |
| Incorporation | 25-10-1996 |
| Status | Active |
| Postal code | 1831 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0085/00M000 | Flanders | 9,857 m² | - | - |
| 21805E0283/00C000 | Brussels | 3,919 m² | 1 · 1,800 m² | 58.6 m · 15 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
15-05-2026 Seat change · Board meeting · Power of attorney · Act object
- Filing: 2026-05-07 · NOVARTIS PHARMA
- Publication: 2026-05-15 · NOVARTIS PHARMA
- Seat change: new_address: Kouterveldstraat 2, 1831 Diegem (Machelen), old_address: Medialaan 40, 1800 Vilvoorde, effective_date: 2026-05-18 · NOVARTIS PHARMA
- Board meeting: 2026-04-29 · NOVARTIS PHARMA
- Power of attorney: date: 2026-04-29, purpose: vervulling van de formaliteiten bij het rechtspersonenregister en, desgevallend, bij de btw-administratie, alsook bij een ondernemingsloket, granted_by: raad van bestuur · NOVARTIS PHARMA
- Power of attorney: date: 2026-04-29, purpose: vervulling van de formaliteiten bij het rechtspersonenregister en, desgevallend, bij de btw-administratie, alsook bij een ondernemingsloket, granted_by: raad van bestuur · NOVARTIS PHARMA
- Power of attorney: date: 2026-04-29, purpose: vervulling van de formaliteiten bij het rechtspersonenregister en, desgevallend, bij de btw-administratie, alsook bij een ondernemingsloket, granted_by: raad van bestuur · NOVARTIS PHARMA
- Power of attorney: date: 2026-04-29, purpose: vervulling van de formaliteiten bij het rechtspersonenregister en, desgevallend, bij de btw-administratie, alsook bij een ondernemingsloket, granted_by: raad van bestuur · NOVARTIS PHARMA
- Power of attorney: date: 2026-04-29, purpose: vervulling van de formaliteiten bij het rechtspersonenregister en, desgevallend, bij de btw-administratie, alsook bij een ondernemingsloket, granted_by: raad van bestuur · NOVARTIS PHARMA
- Power of attorney: date: 2026-04-29, purpose: vervulling van de formaliteiten bij het rechtspersonenregister en, desgevallend, bij de btw-administratie, alsook bij een ondernemingsloket, granted_by: raad van bestuur · NOVARTIS PHARMA
- Act object: Wljziging Zetel - Volmacht
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}27-04-2026 Act object · Board meeting · Seat change · Power of attorney
- Publication: 2026-04-27 · NOVARTIS PHARMA
- Filing: 2026-04-20 · NOVARTIS PHARMA
- Act object: Wijziging Zetel - Volmacht · NOVARTIS PHARMA
- Board meeting: 2026-04-16 · NOVARTIS PHARMA
- Seat change: to: Kouterveldstraat 2 bus 0501, 1831 Diegem (Machelen), from: Medialaan 40, 1800 Vilvoorde, effective_date: 2026-05-18 · NOVARTIS PHARMA
- Power of attorney: bijzondere volmacht · Willem Witters
- Power of attorney: bijzondere volmacht · Sayanah Staelens
- Power of attorney: bijzondere volmacht · Tibo Serdons
- Power of attorney: bijzondere volmacht · Quinz BV
- Power of attorney: bijzondere volmacht · Ad-Ministerie BV
- Power of attorney: bijzondere volmacht · Adriaan de Leeuw
Technical details
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}22-09-2025 Change in the board of directors
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}26-06-2025 Steven Veyt reappointed as statutory auditor
- Steven Veyt, Commissaris
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- Act object: Benoeming bestuurders en commissaris - Nieuwe vaste vertegenwoordigers van bestuurders - Benoeming voorzitter · Algemene Vereniging van de Geneesmiddelenindustrie
- Filing: 03/05/2023 · Algemene Vereniging van de Geneesmiddelenindustrie
- General meeting: 22/03/2023 · Algemene Vereniging van de Geneesmiddelenindustrie
- Officer reappointment: role: bestuurder, start_date: 2023-03-22 · AstraZeneca N.V.
- Officer reappointment: role: bestuurder, start_date: 2023-03-22 · Bristol-Myers Squibb Belgium N.V.
- Officer reappointment: role: bestuurder, start_date: 2023-03-22 · GlaxoSmithKline Pharmaceuticals N.V.
- Officer reappointment: role: bestuurder, start_date: 2023-03-22 · Janssen-Cilag N.V.
- Officer reappointment: role: bestuurder, start_date: 2023-03-22 · Novartis Pharma N.V.
- Officer reappointment: role: bestuurder, start_date: 2023-03-22 · Sanofi Belgium N.V.
- Auditor appointment: role: commissaris, term: drie jaar, start_date: 22/03/2023 · KPMG Bedrijfsrevisoren BV
- Permanent representative: start_date: 01/01/2023 · Xavier Hormaechea
- Permanent representative: start_date: 19/01/2023 · Emmanuelle Boishardy
- Board meeting: 19/04/2023 · Algemene Vereniging van de Geneesmiddelenindustrie
- Officer appointment: role: voorzitter van de Raad van Bestuur, start_date: 2023-04-19 · Frédéric Clais
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- Filing: 03/05/2023 · Association Générale de l'Industrie du Médicament
- General meeting: 22/03/2023 · Association Générale de l'Industrie du Médicament
- Officer reappointment: role: administrateur · AstraZeneca S.A.
- Officer reappointment: role: administrateur · Bristol-Myers Squibb Belgium S.A.
- Officer reappointment: role: administrateur · GlaxoSmithKline Pharmaceuticals S.A.
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- Board meeting: 19/04/2023 · Association Générale de l'Industrie du Médicament
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- Act object: Delegatiereglement dagelijks bestuur - Benoeming Voorzitter-Ondervoorzitter Raad van Bestuur - Ontslag algemeen directeur en aanstelling algemeen directeur ad interim - Gewijzigde statuten - Wijzigingen Raad van bestuur · Algemene Vereniging van de Geneesmiddelenindustrie
- Publication: 2020-07-22 · Algemene Vereniging van de Geneesmiddelenindustrie
- Filing: 2020-07-13 · Algemene Vereniging van de Geneesmiddelenindustrie
- Board meeting: 2020-02-19 · Algemene Vereniging van de Geneesmiddelenindustrie
- Board meeting: 2020-06-24 · Algemene Vereniging van de Geneesmiddelenindustrie
- General meeting: 2020-05-13 · Algemene Vereniging van de Geneesmiddelenindustrie
- Officer resignation: role: algemeen directeur, end_date: 2020-07-01 · Catherine Auguste J. Rutten
- Officer appointment: role: algemeen directeur ad interim, start_date: 2020-07-01 · Ann Maria Marcel Ludo Adriaensen
- Officer appointment: role: Voorzitter Raad van Bestuur · Pfizer
- Permanent representative · Karel Van De Sompel
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- Permanent representative · Frédéric Clais
- Officer appointment: role: bestuurder · AstraZeneca N.V.
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- Permanent representative · Sonja Willems
- Officer reappointment: role: bestuurder · Novartis Pharma N.V.
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- Officer reappointment: role: bestuurder · Merck N.V.
- Officer resignation: role: bestuurder · Celgene BVBA
- Statute amendment · Algemene Vereniging van de Geneesmiddelenindustrie
- Purpose: Het doel van de Vereniging bestaat in de vertegenwoordiging en de verdediging van de morele en stoffelijke belangen van de geneesmiddelenindustrie in het algemeen en van de innovatieve industrie in het bijzonder. · Algemene Vereniging van de Geneesmiddelenindustrie
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}22-07-2020 Act object · Board meeting · Officer resignation · Officer appointment
- Act object: Nomination Vice-Président Conseil d'administration et désignation représentants permanents des administrateurs · Association Générale de l'Industrie du Médicament
- Publication: 22/07/2020 · Association Générale de l'Industrie du Médicament
- Filing: 13/07/2020 · Association Générale de l'Industrie du Médicament
- Board meeting: 19/02/2020 · Association Générale de l'Industrie du Médicament
- Officer resignation: role: Directeur général, end_date: 2020-07-01 · Catherine Auguste J. Rutten
- Officer appointment: role: Directeur général ad interim, start_date: 2020-07-01 · Ann Maria Marcel Ludo Adriaensen
- Board meeting: 24/06/2020 · Association Générale de l'Industrie du Médicament
- Officer appointment: role: Président du Conseil d'administration · Pfizer
- Permanent representative · Karel Van De Sompel
- Officer appointment: role: Vice-Président du Conseil d'administration · Eli Lilly Benelux
- Permanent representative · Frédéric Clais
- General meeting: 13/05/2020 · Association Générale de l'Industrie du Médicament
- Officer appointment: role: administrateur · AstraZeneca S.A.
- Permanent representative · Anne-Laure Dreno
- Officer reappointment: role: administrateur · Bristol-Myers Squibb Belgium S.A.
- Officer reappointment: role: administrateur · GlaxoSmithKline Pharmaceuticals S.A.
- Officer reappointment: role: administrateur · Janssen-Cilag S.A.
- Permanent representative · Sonja Willems
- Officer reappointment: role: administrateur · Novartis Pharma S.A.
- Officer reappointment: role: administrateur · Sanofi Belgium S.A.
- Officer reappointment: role: administrateur · Merck S.A.
- Officer resignation: role: administrateur · Celgene SPRL
- Statute amendment · Association Générale de l'Industrie du Médicament
- Purpose: Le but poursuivi par l'Association consiste en la représentation et la défense des intérêts moraux et matériels de l'industrie du médicament en général et de l'industrie des médicaments innovants en particulier. Parmi les activités concrètes menées par l'Association en vue de la réalisation de son but, on trouve notamment: a)un soutien scientifique, administratif, juridique et organisationnel aux membres... b)l'organisation de toutes activités visant à favoriser une meilleure compréhension des problèmes... c)la promotion... d'une efficiente collaboration entre les membres; d)le développement de toutes activités... contribuant directement ou indirectement à la réalisation du but désintéressé susmentionné... · Association Générale de l'Industrie du Médicament
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}09-07-2020 Change in the board of directors
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}06-05-2020 Ann Cleenewerck reappointed as statutory auditor
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}16-08-2017 General meeting · Officer appointment · Officer reappointment
- Publication: 16/08/2017
- Filing: 04/08/2017
- General meeting: 24/03/2017
- Officer appointment: role: member of the Board of Directors, start_date: 2017-03-24 · Merck S.A.
- Officer reappointment: role: member of the Board of Directors, start_date: 2017-03-24 · Bristol-Myers Squibb Belgium S.A.
- Officer reappointment: role: member of the Board of Directors, start_date: 2017-03-24 · GlaxoSmithKline Pharmaceuticals S.A.
- Officer reappointment: role: member of the Board of Directors, start_date: 2017-03-24 · Janssen-Cilag S.A.
- Officer reappointment: role: member of the Board of Directors, start_date: 2017-03-24 · Novartis Pharma S.A.
- Officer reappointment: role: member of the Board of Directors, start_date: 2017-03-24 · Sanofi Belgium S.A.
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}16-08-2017 General meeting · Officer appointment · Officer reappointment
- Publication: 16/08/2017 · Algemene Vereniging van de Geneesmiddelenindustrie
- Filing: 04/08/2017 · Algemene Vereniging van de Geneesmiddelenindustrie
- General meeting: 24/03/2017 · Algemene Vereniging van de Geneesmiddelenindustrie
- Officer appointment: role: lid van de Raad van Bestuur, start_date: 2017-03-24 · Merck N.V.
- Officer reappointment: role: lid van de Raad van Bestuur, start_date: 2017-03-24 · Bristol-Myers Squibb Belgium N.V.
- Officer reappointment: role: lid van de Raad van Bestuur, start_date: 2017-03-24 · GlaxoSmithKline Pharmaceuticals N.V.
- Officer reappointment: role: lid van de Raad van Bestuur, start_date: 2017-03-24 · Janssen-Cilag N.V.
- Officer reappointment: role: lid van de Raad van Bestuur, start_date: 2017-03-24 · Novartis Pharma N.V.
- Officer reappointment: role: lid van de Raad van Bestuur, start_date: 2017-03-24 · Sanofi Belgium N.V.
- Officer appointment: role: CEO belast met het dagelijks bestuur, start_date: 2017-03-24 · Catherine Rutten
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- Philippe de Pougnadoresse, Bestuurder
- Dario Drago, Bestuurder
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | NOVARTIS PHARMA |