Novartis AG is looking at ways of turning around the fortunes of the US operations at its Sandoz division but the option of selling off its generic pills business across the Atlantic, which a Reuters report claims is under consideration, has raised eyebrows among observers.
Novartis Sale Of US Oral Generics Unit Seems Unlikely
The Swiss giant's Sandoz division is exploring options for its underperforming US oral generics unit but reports that it may be considering a sale of the latter go against Novartis' previous comments and observers are struggling to see the rationale behind such a move.
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