Sloane Simpson
Head of Investor Relations
Replay available
Novartis AG (NYSE: NVS) Q1 2026 earnings conference call, held 2026-04-28. Replay captured from the company's public earnings webcast.

Head of Investor Relations
Chief Executive Officer
Analyst, BNP Paribas
Analyst, Bank of America
Analyst, J.P. Morgan
Analyst, Rothschild & Co
Analyst, UBS
Analyst, TD Securities
Analyst, Baerenberg
Analyst, Intron Health
Analyst, ODDO BHF
Analyst, Citigroup
Analyst, Guggenheim Securities
Analyst, Goldman Sachs
Analyst, Morgan Stanley
Analyst, Barclays
Analyst, Jefferies
Good morning and good afternoon and welcome to the Novartis Q1 2026 Results Release Conference Call and Live Webcast. Please note that during the presentation, all participants will be in a listen-only mode and the conference is being recorded. After the presentation, there'll be an opportunity to ask questions by pressing star 1 and 1 at any time during the conference. Please limit yourselves to one question and return to the queue for any follow-ups. A recording of the conference call, including the Q&A session, will be available on our website shortly after the call ends. With that, I would like to hand over to Ms. Sloane Simpson, Head of Investor Relations. Please go ahead, Madam. Thank you, Sharon. Good morning and good afternoon, and welcome to everyone to our Q1 2026 conference call. The information presented today contains forward-looking statements that involve known and unknown risks, uncertainties, and other factors. These may cause actual results to be materially different from any future results, performance, or achievements expressed or implied by such statements. For a description of some of these factors, please refer to the company's Form 20-F and its most recent quarterly results on Form 6-K that respectively were filed with and furnished to the U.S. Securities and Exchange Commission. Before we get started, I also want to echo Sharon. Please limit yourselves to one question at a time, and we will cycle through the queue as needed. And with that, I will hand across to Bas. Thank you, Sloane, and thanks, everyone, for joining today's call. So if we go to slide four, as you saw this morning, we delivered a strong start to the year across our priority brands and launches, which is really where our focus is at the moment. These brands and launches are w...