Novartis

Indian female medicine assistant during blood test in mobile clinic drawing blood out of a finger (Arogya Parivar)
Indian female medicine assistant during blood test in mobile clinic drawing blood out of a finger (Arogya Parivar)Courtesy of Novartis

    In 2006, Novartis set out on an ambitious plan to bring dozens of essential medicines—basic remedies to fight diarrhea, parasites, nutritional deficiencies, and respiratory ailments—to rural India. From a philanthropic standpoint, the goal was laudable, but Novartis wanted it to be sustainable: It had to stand on its own as a business. The challenge? Health education was low, doctors were scarce, and distribution channels were non­existent. Novartis brought in physicians—who have treated nearly a million patients since 2010—and raised awareness of the critical need for hygiene in preventing infection. Just 31 months after the launch of Arogya Parivar (“healthy family” in Hindi), the venture broke even. It’s now being rolled out in Kenya, Indonesia, and Vietnam.

    Company Info

    SectorHealth Care
    IndustryPharmaceuticals
    CountrySwitzerland
    Revenues ($ millions)59,593
    Company typePublic
    CEOJoseph Jimenez
    Websitewww.novartis.com
    Impact SegmentPublic Health/Nutrition

    Fortune Rankings

    Fortune 500 Rank-
    Fortune 500 Profile-
    Most Powerful Women Rank-
    Most Powerful Women Profile-
    World's Greatest Leaders Rank-
    World's Greatest Leaders Profile-