Novartis Consumer Health
This article was originally published in The Tan Sheet
Executive Summary
U.S. headquarters of the recently formed division to be located in Summit, N.J The Consumer Health division will comprise the merged global operations of Novartis' Gerber Products, OTC drug and medical nutrition businesses ("The Tan Sheet" Aug. 31, p. 10). The Summit facility will house the new organization' s U.S. divisional management and a number of shared service functions. The location is now the site for 300 OTC employees, 1,300 pharmaceutical employees and more than 100 corporate employees. Consolidation into one headquarters for the new division will result in 110 job reductions in the U.S., the company says. Worldwide headquarters for the Consumer Health group will be in Nyon, Switzerland