Company profile

Sandoz

Pharma strategicStrategic / incumbenFounded 2003 (spinout 2023)

Generic and biosimilar maker — bought the Cimerli ophthalmology franchise for $170m.

About

Global generic/biosimilar company (spun out of Novartis 2023). Acquired the Cimerli (ranibizumab biosimilar) franchise for $170m cash.

HQ: Basel, Switzerland

Funding

Public (SIX/NYSE: SDZ)