Sandoz is set for a “trough year” in 2023 as the generics and biosimilars unit faces costs linked with its spinoff from parent company Novartis that will erode its core operating income.
Novartis management has set out its expectations for 2023 to be a “trough year” for Sandoz in terms of its core margin, as the generics and biosimilars unit is spun out into a separate company from its parent business. The firm cited the costs associated with the spinoff, as well as current inflationary pressures, as being behind the expected dip.
During the firm’s fourth-quarter earnings call – which included confirmation that the Sandoz spin-off was still on track to close...
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We’ve all been told that walking 10,000 steps a day is the magic number for better health. But what if the real secret to walking more isn’t about counting steps at all? In this article, we explore how focusing on motivation, environment, and mindset can help you build a walking habit that lasts.
We’ve all been told that walking 10,000 steps a day is the magic number for better health. But what if the real secret to walking more isn’t about counting steps at all? In this article, we explore how focusing on motivation, environment, and mindset can help you build a walking habit that lasts.
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