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Sandoz Aims For $6bn Biosimilar Business By 2030

Sandoz Has A 22% Share Of Global Biosimilars Market At Present

 
• By Dean Rudge

Fueled by a pipeline of more than 15 biosimilar candidates, Sandoz is aiming to treble the size of its $2bn global biosimilars business by 2030, targeting the US, Europe and Japan. Management spoke at length about the firm’s achievements and prospects during a meeting of parent Novartis’ management.

Green Pin In Year 2030
Sandoz has ambitions to treble the size of its biosimilar business by 2030 • Source: Shutterstock

Sandoz is aiming to take its $2bn global biosimilars business to a $5bn-$6bn business by 2030, with 15-plus molecules in the Novartis subsidiary’s pipeline and a lucrative wave of biosimilar opportunities on the horizon in the next decade.

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