Business

Novartis to get rid of Sandoz, list it in Zurich


The Swiss pharmaceutical group said it will be completed in the second half of next year.

Arnd Wiegmann | Reuters

Novartis said on Thursday that it would spin off Sandoz and list it on the Swiss stock exchange to create Europe’s No.

“For both innovative pharmaceuticals and Sandoz businesses, the partnership will enable increased focus and ability to pursue independent growth strategies,” the Swiss pharmaceutical group said in a statement. “.

It is expected to be completed in the second half of next year.



Source link

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button