We have various options to advertise with us including Events, Advertorials, Banners, Mailers, Webinars etc. Click "Continue" to accept and continue with ET HealthWorld. Our Standards: The Thomson Reuters Trust Principles. Alcon, which made the announcement on Tuesday ahead of an investor day in New York, is being jettisoned from Novartis's portfolio as Chief Executive Vas Narasimhan focuses on new drugs, not the surgical devices and contact lenses that Alcon makes. See here for a complete list of exchanges and delays. All quotes delayed a minimum of 15 minutes. ZURICH, Nov 27 (Reuters) - Novartis’s Alcon eyecare unit, which is being spun off to shareholders in 2019, plans to pay a dividend in 2020 and will focus on “bolt-on” acquisitions to help boost operating margins to the mid-20 percent range, from the high-teens now. Follow @ETHealthworld for the latest news, insider access to events and more. Amid growing public indifference to wear masks and avoid mass gatherings, Prime Minister Narendra Modi will launch a Jan Andolan for Covid-19 appropriate behaviour on Thursday. 125000+ Industry Leaders read it everyday, How did you hear about us? Reporting by John Miller; editing by Thomas Seythal. Our Standards: The Thomson Reuters Trust Principles. It had previously proposed a dividend of 0.19 Swiss francs ($0.1947) for 2019. Copyright © 2020 ETHealthworld.com. ZURICH, April 7 (Reuters) - Swiss eyecare company Alcon is scrapping its proposed 2019 dividend and withdrawing its 2020 guidance as a result of the coronavirus pandemic, the group said on Tuesday. Is Antibody test the key to measure immune response to the novel coronavirus? ZURICH, Nov 27 (Reuters) - Novartis’s Alcon eyecare unit, which is being spun off to shareholders in 2019, plans to pay a dividend in 2020 and will focus on … Dear user, ET HealthWorld privacy and cookie policy has been updated to align with the new data regulations in European Union. “In light of the current market conditions and economic uncertainties linked to COVID-19, and as part of the company’s overall efforts to maintain financial flexibility and implement cash preservation measures, the Board of Directors considers that it is in the best interest of Alcon’s stakeholders to delay the initiation of a dividend proposal until 2021,” said the Swiss-listed group, which will hold its first annual general meeting on May 6 without the attendance of shareholders. All quotes delayed a minimum of 15 minutes. 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Covid-19 tests in India cross 9 crores; 20 states, UTs report positivity rate less than national average1 hr ago, University of Houston partners Indian-American co-founded company for Covid-19 vaccine4 hrs ago. ZURICH: Novartis eye care unit Alcon, being spun off to investors next year, aims to pay a dividend from 2020 and will focus on "bolt-on" acquisitions to help boost core operating margins to the mid-20 percent range by 2023 from the high teens now. We have updated our terms and conditions and privacy policy PRINT FRIENDS. We use cookies to ensure the best experience for you on our website.If you choose to ignore this message, we'll assume that you are happy to receive all cookies on ET HealthWorld. ZURICH: Novartis eye care unit Alcon, being spun off to investors next year, aims to pay a dividend from 2020 and will f AVN 62.38 Decreased By -0.59 (-0.94%) BOP 9.65 Decreased By -0.14 (-1.43%) ($1 = 0.9760 Swiss francs) (Reporting by Brenna Hughes Neghaiwi). WEB Please review and accept these changes below to continue using the website.You can see our privacy policy & our cookie policy. Alcon, which made the announcement on Tuesday ahead of an investor day in New York, is being jettisoned from Novartis’s portfolio as Chief Executive Officer Vas Narasimhan focuses on new drugs, not the surgical devices and contact lenses that Alcon makes. Swiss eyecare company Alcon is scrapping its proposed 2019 dividend and withdrawing its 2020 guidance as a result of the coronavirus pandemic, the group said on Tuesday. Get ETHealthworld's top stories every morning in your email inbox. Due to uncertainty around impact of COVID-19, previous 2020 guidance is withdrawn In lieu of attendance at the Annual General Meeting, Alcon shareholders are directed to exercise voting rights exclusively via independent representative To maintain financial flexibility, company is implementing cash preservation measures which includes delaying initiation of a dividend proposal until 2021 Alcon Foundation is … AstraZeneca, under fire for coronavirus vaccine safety, releases trial blueprints, Bacterial outbreak in China infects thousands of people after factory leak, Reliance develops RT-PCR kit that can give Covid-19 results in 2 hours, UAE company nears end of Chinese Covid-19 vaccine trial, Zydus Cadila launches new product for COPD patients in India, Over 3,000 vaccinated against coronavirus in Moscow, India's Serum Institute starts manufacturing Codagenix's potential Covid-19 vaccine, Pfizer is on track to be first to find out if its Covid vaccine works, Sanofi Pasteur launches Tetraxim, the first full-dose DTaP booster vaccine in India for preschoolers, Abbott launches heart rhythm management devices in India, We need to reduce the stigma and demystify mental disorders: Dr. Thara Rangaswamy, Vice-President, Schizophrenia Research Foundation, Chennai, Hope for the future: A strengthened World Health Organisation, Indian minds can quickly adapt and come up with solutions: Dr. Nandakumar Jairam, Columbia Asia Hospitals, New device for detecting traumatic brain injury 'on the spot', NATHEALTH puts forth recommendations to the government to galvanize senior rehab care, For Frozen Shoulder there is no real benefit with any surgical method of treatment : Dr Dipit Sahu, Battling the stigma associated with mental illness is the greatest challenge: Tasneem Raja,Tata Trusts, India's progress on mental health is a depressing tale, Embed ETHealthworld.com Widgets on your Website.
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