CMS Open Payments · Program Year 2024
Novartis Pharmaceuticals Corporation
Novartis Pharmaceuticals Corporation reported $676,046,921.08 in payments to 411,238 physicians and teaching hospitals across 418,352 transactions.
- $676.0M
- Total payments
- 418,352
- Transactions
- 411,238
- Recipients
- +$2.0M
- General Payments vs PY2023
Novartis Pharmaceuticals Corporation reported $676,046,921.08 in payments to 411,238 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #1 of 1,925 reporting manufacturers (4.9% of all US industry payments), averaging $1.6K per recipient across 8 payment categories. Figures are company-reported under the Physician Payments Sunshine Act; a reported payment is a financial relationship, not evidence of wrongdoing.
Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.
The verdict
Novartis Pharmaceuticals Corporation pairs top-1% payment volume with an unusually diversified payment pattern across a wide recipient base.
- #1
- of 1,925 companies
- 4.9%
- of all US industry payments
- 0.1%
- paid to its single top recipient
- 8
- payment categories
Release-over-release change
General Payments changed from PY2023 to PY2024
Novartis Pharmaceuticals Corporation's CMS-reported General Payments increased by $2.0M (+11.4%) from PY2023 to PY2024. The comparison uses the same CMS manufacturer-by-payment-category summary for both years and excludes research and ownership or investment records.
CMS source labels for this exact identifier: PY2022: NOVARTIS PHARMACEUTICALS CORPORATIONPY2023: NOVARTIS PHARMACEUTICALS CORPORATIONPY2024: Novartis Pharmaceuticals Corporation. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.
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General Payments: PY2023 vs PY2024
Annual CMS-reported totals for this company, not an all-category Open Payments total
- PY2023
- $17,691,929.47
- PY2024
- $19,710,992.43
How Novartis Pharmaceuticals Corporation ranks nationally
Where this company's total reported payments fall within the full national distribution of all 1,925 companies in CMS Open Payments, not just its nearest peers.
Novartis Pharmaceuticals Corporation's total vs. every reporting company
CMS Open Payments, Program Year 2024
$676,046,921 Top 1% higher than 99% of 1,925 reporting companies
Each bar is a progressively wider band; taller bars hold more reporting companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source CMS Open Payments · 2024
What the Data Shows for Novartis Pharmaceuticals Corporation
Rank #1 of 1,925 companies in CMS Open Payments for 2024 belongs to Novartis Pharmaceuticals Corporation, which reported $676,046,921.08 across 418,352 transactions to 411,238 recipients - a top-tier 4.9% share of all industry payments reported nationwide for the year. Averages work out to $1.6K per transaction and $1.6K per recipient.
The 8-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Food and Beverage" at $7.8M, accounting for 1.2% of the company's reported total and 400,116 transactions.
General Payment Breakdown by Type
Novartis Pharmaceuticals Corporation made 8 types of general payments. "Food and Beverage" is the largest category at $7.8M, 1.2% of the company's reported total.
How Novartis Pharmaceuticals Corporation divides its payments
Ranked by total dollars reported per category
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Food and Beverage | $7.8M | 400,116 | 1.2% |
| Consulting Fee | $4.9M | 1,533 | 0.7% |
| Compensation for Services Other Than Consulting | $4.4M | 487 | 0.6% |
| Grant | $726.8K | 42 | 0.1% |
| Long-Term Medical Supply or Device Loan | $652.8K | 6,952 | 0.1% |
| Travel and Lodging | $623.0K | 1,834 | 0.1% |
| Space Rental or Facility Fees | $558.5K | 207 | 0.1% |
| Education | $900.48 | 67 | 0.0% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $3,328,149.24 (16.9%) of $19,710,992.43 in this company's General Payments records across 84,903 recipients. This is a CMS Open Payments Program Year 2024 General Payments view only: it excludes research and ownership/investment records, so it is not the all-category company total above.
Largest General-Payment relationships for Novartis Pharmaceuticals Corporation
The five named recipients with the highest reported General Payments from this company
- 1
Szilard Voros
$1,300,132.35 across 5 reported transactions
- 2
Cleveland Clinic Hospital
$783,800.00 across 17 reported transactions
- 3
Dana-Farber Cancer Institute
$636,352.00 across 4 reported transactions
- 4
Strong Memorial Hospital
$359,995.83 across 7 reported transactions
- 5
Brigham And Womens Hospital
$247,869.06 across 6 reported transactions
Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.
Payment Size Analysis
Average transaction size: $1.6K. Average per recipient: $1.6K.
Total Amount
$676,046,921.08
Avg per Transaction
$1.6K
Avg per Recipient
$1.6K
Payment Transparency Context
What is the Sunshine Act?
The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.
Industry Total (2024)
$13.9B
across 1,925 companies
Novartis Pharmaceuticals Corporation Share
4.9%
#1 by total payments
Companies with Similar Payment Volumes
Pharmaceutical companies with payment totals similar to Novartis Pharmaceuticals Corporation
Frequently Asked Questions
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Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.9B across 1,925 companies.
Disclaimer
This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-25.