Sandoz Aims For $6bn Biosimilar Business By 2030

Sandoz Has A 22% Share Of Global Biosimilars Market At Present

Fueled by a pipeline of more than 15 biosimilar candidates, Sandoz is aiming to treble the size of its $2bn global biosimilars business by 2030, targeting the US, Europe and Japan. Management spoke at length about the firm’s achievements and prospects during a meeting of parent Novartis’ management.

Green Pin In Year 2030
Sandoz has ambitions to treble the size of its biosimilar business by 2030 • Source: Shutterstock

Sandoz is aiming to take its $2bn global biosimilars business to a $5bn-$6bn business by 2030, with 15-plus molecules in the Novartis subsidiary’s pipeline and a lucrative wave of biosimilar opportunities on the horizon in the next decade.

“We have the number one position now in Europe in terms of market share for biosimilars. We’re number one in...

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