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Sandoz CEO Saynor Signals No Change To Focus Amid Strategic Review

Novartis Unit’s Strategy Remains Unaltered As Parent Company Explores All Options

 
• By Dave Wallace

Sandoz CEO Richard Saynor has told Generics Bulletin that the firm’s focus and strategy remain “unchanged” in the wake of last week’s announcement by parent company Novartis that it was exploring its options for the generics and biosimilars business.

Richard Saynor
Richard Saynor says it is still ‘business as usual’ for Sandoz • Source: Sandoz

The focus and strategy of Sandoz remain “unchanged” after parent company Novartis announced a strategic review of the business, Sandoz CEO Richard Saynor has told Generics Bulletin.

Speaking a week after Novartis announced the strategic review – that will “explore all options, ranging from retaining the business to separation, in order to determine how to best maximize value for our shareholders” (Also see "$10bn Sandoz Business May Be Sold Or Spun As Novartis Weighs Options" - Generics

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