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South Africa's Aspen expands further into Asia with Sandoz China deal

JOHANNESBURG (Reuters) -Aspen Pharmacare is expanding further into China through a deal to buy the Chinese business of Swiss group Sandoz for up to 92.6 million euros ($100.6 million), the South African company said on Monday. As part of the deal, Aspen Global Incorporated, a subsidiary of Aspen, will also buy the selling and intellectual property rights of a portfolio of established products that include Sandostatin, Aclasta and Voriconazole. The rights will also cover a pipeline of products to ....

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Novartis completes Sandoz spinoff

Novartis Chief Executive Vas Narasimhan called the moment "historic", saying in a statement that Sandoz started out from a position of strength as a global leader in the area of generics and biosimilars. The firm initiated the long-awaited spin-off following mounting pricing pressures in the U.S. off-patent drug sector. ....

Noele Illien , Tristan Veyet , Friederike Heine , Clarence Fernandez , Chief Executive Vas Narasimhan , Swiss Stock Exchange , Vas Narasimhan ,

OTC Markets Group Welcomes Sandoz Group AG to OTCQX

NEW YORK, Oct. 04, 2023 (GLOBE NEWSWIRE) OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Sandoz Group AG (SIX Swiss Exchange: SDZ; OTCQX: SDZNY, SDZXF), a global leader in generic pharmaceuticals and biosimilars, has qualified to trade on the OTCQX® Best Market. Sandoz is a spin-off of Novartis (NYSE: NVS). Sandoz Group AG begins trading today on OTCQX under the symbols “SDZNY, SDZXF.” U.S. investors can ....

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