Autonomous Sandoz Set To Be Tighter And Leaner

 
• By Aidan Fry
  
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With an optimized manufacturing base, a narrower geographic footprint, and a tighter portfolio focus on differentiated biosimilars and hard-to-make generics, Novartis believes a more autonomous Sandoz division can remain an “integral part” of the Swiss group.

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A tighter and leaner operating focus is intended to raise profit margins at Sandoz • Source: Shutterstock

Optimizing its manufacturing and supply-chain infrastructure, consolidating its regional presence into the most promising markets, and “more heavily reshaping the portfolio towards biosimilars and hard-to-make generics” are the three core elements that will take Sandoz from its current position as the world’s second-largest generics player to “a position where we can grow sustainably in the medium to long term”, Vas Narasimhan, CEO of parent group Novartis, told investors as he unveiled annual results.

“Taken together over the next 18 months,” Narasimhan stated, “we plan to make Sandoz an autonomous unit within Novartis to...

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