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Sandoz: US Oral Solids And Injectables Have Reached Bottom

Novartis Unit Also Aiming To Move Up Value Chain As Standalone Business

 
• By Dean Rudge

Following Novartis’ announcement that it intended to spin-off its Sandoz business into a standalone company, management from both firms commented on several key issues facing Sandoz, including the US pricing and environment and arrangements for manufacturing.

Dollars (Helen Sessions/Alamy Stock Photo)
Are prospects in the US looking for up for generics manufacturers? • Source: Shutterstock (Alamy Stock Photo)

“The US generics oral solids and injectables business has now, we believe, reached a bottom, and with upcoming launches…can return to a growth profile,” Novartis AG CEO Vas Narasimhan has commented, a significant statement made for its Sandoz Inc. unit following significant pricing headwinds across the US generics sector in the last two years.

Narasimhan’s comments came as the originator disclosed plans to spin-off Sandoz into a standalone, publicly traded company, with an eye on completing the proposed transaction in the second half of...

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