Company Directory > Pharma > Sandoz Group AG
Sandoz is a global leader in generic pharmaceuticals and biosimilars, committed to pioneering access for patients by developing and commercializing high-quality, affordable medicines. Formerly a division of Novartis, Sandoz successfully spun off as an independent, publicly traded company in October 2023. The company holds a leading position in several therapeutic areas, including immunology, oncology, and endocrinology. Sandoz operates with a massive global footprint, serving over 100 markets and reaching approximately 500 million patients annually. Its business strategy is heavily focused on the 'Golden Decade' of biosimilars, aiming to capture a significant share of the $400 billion in biologics expected to lose exclusivity by 2030. The company is currently investing heavily in European manufacturing, particularly in Slovenia and France, to secure its supply chain.
CLASSIFICATION
Company Type:Pharma
Industry:Pharmaceuticals
Sub-Industry:Generics and Biosimilars
SIZE & FINANCIALS
Employees:10000+
Revenue:$10.4B (2024)
Founded:1886
Ownership:public
Status:operating
FUNDING
Stage:Post-IPO
Investors:Public Shareholders
STOCK
Exchange:SIX Swiss Exchange
Ticker:SDZ
Market Cap:$19.2B
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial
Modalities:Small molecule, Biosimilars, mAbs, Injectables
Active Trials:25
Trial Phases:Phase 1: 5 | Phase 2: 2 | Phase 3: 18
FDA Approvals:10
EMA Approvals:13
CORPORATE STRUCTURE
Subsidiaries:Sandoz Inc. (USA), Sandoz GmbH (Austria), Lek Pharmaceuticals (Slovenia), Just-Evotec Biologics EU
Key Partnerships:Cordavis (CVS Health subsidiary) for Hyrimoz private label, Just-Evotec Biologics for continuous manufacturing tech, EirGenix for breast cancer biosimilars
COMPETITION
Position:Leader
Competitors:Teva Pharmaceuticals, Viatris, Samsung Bioepis, Celltrion, Amgen (Biosimilars division), Fresenius Kabi
LEADERSHIP
Key Executives:
Richard Saynor - CEO
Remco Steenbergen - CFO
Board Members:Gilbert Ghostine (Chairman), Karen J. Huebscher, Mathai Mammen, Aarti Shah
LINKS
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