$10bn Sandoz Business May Be Sold Or Spun As Novartis Weighs Options

Novartis Aims To Provide Update ‘Towards End Of 2022’

Novartis finally has confirmed plans to begin a strategic review for its Sandoz generics and biosimilars business, following years of conjecture and suggestions from the market. However, the originator stressed that it will take its time with a decision, while underlining that keeping Sandoz is among its choices.

Businessman covering his face using a white paper with drawn question mark, like a mask, for hiding his identity. Isolated gray wall background.
Will Novartis spin out or sell Sandoz? • Source: Shutterstock

Novartis has announced plans to commence a strategic review of its $10bn Sandoz generics and biosimilars business, including for a potential divestment, following dedicated moves towards greater autonomy for Sandoz and much speculation around its long-term future as a subsidiary of the Novartis group.

“The review will explore all options, ranging from retaining the business to separation, in order to determine how to best...

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