- TitlePresident, Oncology
Novartis is eager to establish itself as a pioneer in cancer drug innovation and Schaffert is helping drive that effort. She became president of Novartis’s oncology unit in January 2019 after serving as president of Advanced Accelerator Applications, a company that was snatched up by Novartis for its unique approach to targeted cancer therapies in 2018. According to the company, the appointment is paying serious dividends. For instance: Novartis’s global cancer portfolio rang in $6.9 billion in sales in just the first half of 2019. That’s nearly 40% of the company’s overall revenues and a 9% growth rate year-over-year. That growth is, in part, a reflection of Schaffert’s work to expand access to Kymriah, a pioneering blood cancer treatment that reprograms patients’ own immune cells to fight the disease, to more than 160 treatment centers across 20 countries.
Subscribe to The Broadsheet, our newsletter on the world’s most powerful women.