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Novartis posts Q2 profit beat as sales pick up

ZURICH, July 21 (Reuters) - Novartis boosted its second-quarter core net income by a fifth, beating market expectations, the Swiss drugmaker reported on Wednesday, as it kept its 2021 guidance.

It generated net profit of $3.72 billion while sales in the three months through June rose 14% to $12.96 billion. Analysts polled by Refinitiv had on average expected net profit of $3.46 billion on revenue of $12.52 billion

Reporting by Michael Shields, editing by John Revill

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