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Sandoz ‘Bucks Trend’ With Completion Of GSK Cephalosporins Deal

CEO Richard Saynor Insists On The Importance Of Investing In Antibiotics

 
• By Akriti Seth

Sandoz has completed the acquisition of GSK’s cephalosporin antibiotics business which includes the Zinnat, Zinacef and Fortum brands in more than 100 markets. Commenting as the deal closed, Sandoz CEO Richard Saynor emphasized the importance of investing in antibiotics. 

buck the trend
Sandoz says it is “bucking the trend” of reluctance to invest in antibiotics • Source: Alamy

Sandoz has announced the successful completion of its acquisition of GlaxoSmithKline’s cephalosporin antibiotics business, gaining rights to GSK’s three established brands Zinnat (cefuroxime), Zinacef (cefuroxime) and Fortum (ceftazidime) in more than 100 markets.

Richard Saynor, CEO of the Novartis subsidiary, said “the successful and timely closing of this important transaction is further proof of our commitment at Sandoz to be a leading global supplier of these essential medicines

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