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Sandoz Sets Forth On Quest To Raise Its Margins

 
• By Aidan Fry

Sandoz is set to undergo a transformation in terms of operational efficiency, geographic footprint and portfolio offering in a bid to lift its operating margin from the mid-teens range towards 20%.

Margin
Sandoz is undertaking a range of transformational intitiatives aimed at improving its profit margins • Source: Shutterstock

Beset by fierce competition and price erosion in its core generics business, particularly in the US, Novartis’ Sandoz division is undertaking an ambitious transformational shift that the group believes will deliver sustainable growth at considerably improved profit margins.

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