LatestIP And Trademarks 12 September 2026
Novartis India Shares Slip 1% After 9‑Day Rally, Trademark Deal Approved
Novartis India's stock slipped more than one percent, ending a nine‑day rally as investors took profits following a recent earnings beat. On September 7, the company's board gave the green light to acquire the Indian trademarks "Minipress" and "Minipres," signaling a strategic move to strengthen its brand portfolio in the market.
[Novartis India shares] (https://www.moneycontrol.com/news/business/markets/novartis-india-shares-snap-9-day-rally-to-fall-over-1-amid-profit-booking-14027861.html) fell over 1% after a nine‑day rally as investors booked profits.
- Board meeting on Sept 7 approved acquisition of the trademarks Minipress and Minipres.
- Profit‑booking pressure outweighed the recent rally momentum.
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