Sandoz

For other uses, see Sandoz (disambiguation).
Sandoz Group AG
FormerlySandoz GmbH
Company typePublic (Aktiengesellschaft)
ISINCH1243598427
Industry
  • Biosimilars
  • Generics
  • Biopharmaceuticals
PredecessorCiba-Geigy
Founded1886; 138 years ago (1886)
Founder
  • Alfred Kern
  • Edouard Sandoz
Headquarters
Basel
,
Switzerland
Key people
  • Richard Saynor (CEO)
    Francisco Ballester (President International)
    Gilbert Ghostine (Chairman)
RevenueIncrease US$9.647 billion (2023)[1]
Decrease US$375 million (2023)[1]
Increase US$953 million (2023)[2]
Total assetsDecrease US$19.430 billion (2023)[2]
Total equityDecrease US$8.654 billion (2023)[2]
Number of employees
23,848 (2023)[2]
Websitesandoz.com
Footnotes / references
[3][1][2]

Sandoz Group AG is a Swiss company that focuses on generic pharmaceuticals and biosimilars.[4] Prior to October 2023, it was part of a division of Novartis that was established in 2003, when Novartis united all of its generics businesses under the name Sandoz. Before this, the company existed as an independent pharmaceutical manufacturer until 1996, when it was merged with Ciba-Geigy to form Novartis. Prior to the merger, it specialized in medicines used in organ transplants, such as Sandimmune, and various antipsychotics and migraine medicines. Its headquarters were in Holzkirchen, Germany and after the spin-off from Novartis, the headquarters moved to Basel, Switzerland. Sandoz is one of the leading global generics businesses.[5][6]

  1. ^ a b c "Sandoz reports fourth quarter 2023 sales and full-year 2023 results". Sandoz. March 13, 2024. Archived from the original on March 13, 2024. Retrieved March 13, 2024.
  2. ^ a b c d e "2023 Integrated Annual Report" (PDF). Sandoz. March 13, 2024. Archived (PDF) from the original on March 13, 2024. Retrieved March 13, 2024.
  3. ^ "Novartis continues to grow with further core margin expansion and achieves important innovation milestones". Sandoz. February 2023. Archived from the original on July 5, 2023. Retrieved July 4, 2023.
  4. ^ "Contact Sandoz". www.sandoz.com. Archived from the original on 2023-11-28. Retrieved 2023-10-04.
  5. ^ "Live. Magazine". live.novartis.com. Archived from the original on 2023-10-04. Retrieved 2023-07-05.
  6. ^ Grover, Natalie (2023-06-08). "Novartis' Sandoz wagers its standalone future on biosimilar success". Reuters. Archived from the original on 2023-07-05. Retrieved 2023-07-05.