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Sandoz Sets Generics Focus As US Sale Awaits

Believes Clearance For US Divestment To Aurobindo Is Imminent

 
• By Aidan Fry

New Sandoz chief Richard Saynor says the division is undergoing a transformation towards building a generics-focused business. Meanwhile, the company is still waiting to close the sale of its US oral-dose and dermatology operations to Aurobindo. 

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Sandoz is awaiting FTC clearance to complete the sale of its US oral-solid and dermatology operations to Aurobindo • Source: Shutterstock

Sandoz’ new chief executive officer Richard Saynor is embarking on making the Novartis subsidiary more of a “generics-focused business,” even as the company expects to exit the world’s largest market for oral-dose and skincare generics within the next few weeks.

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