Novartis Completes Sandoz Spinoff, Sandoz Starts Trading at 24 Swiss Francs
Half of Sandoz’s revenue comes from Europe. Thus, it will be looking to leverage its brand presence in Europe for further growth.
Novartis to Spin Off $24 Billion Sandoz Business
CEO of Novartis noted the spin-off will allow the company to concentrate on building an innovative medicine company.