Novartis AG is a global biopharmaceutical company offering healthcare products, which includes prescription medicine across multiple therapeutic areas. The company is divided into two segments, namely Innovative Medicines and Sandoz, the latter of which also provides active pharmaceutical ingredients and intermediates, mostly for antibiotics. With a license and collaboration agreement with Alnylam Pharmaceuticals and a clinical collaboration with Kura Oncology, the company operates worldwide, having been founded in 1996 and headquartered in Basel, Switzerland.