Novartis To Spin Off $9.6B Sandoz Generic Drugs Biz

By Ashish Sareen (August 25, 2022, 12:59 PM BST) -- Swiss-American pharmaceuticals giant Novartis AG said Thursday that it plans to separate its Sandoz generic drugs division from its core business of developing innovative medicines to form a standalone publicly traded company through a 100% spinoff....

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