Aurobindo Pharma to acquire Sandoz US dermatology and oral solids divisions for $1bn

Aurobindo Pharma to acquire Sandoz US dermatology and oral solids divisions for $1bn

Aurobindo Pharma, a prominent Indian pharmaceutical company, has agreed to a significant acquisition from Sandoz US, a division of the Swiss pharmaceutical giant Novartis. The deal, valued at approximately $1 billion, involves the purchase of Sandoz’s dermatology business and a diverse portfolio of oral solid products, along with commercial and manufacturing infrastructure. The transaction terms […]

Sandoz US to divest dermatology and oral solids businesses to Aurobindo Pharma for $1bn

Sandoz US to divest dermatology and oral solids businesses to Aurobindo Pharma for $1bn

In a strategic move within the pharmaceutical industry, Sandoz US, a subsidiary of the Swiss-based Novartis, has announced the sale of its dermatology and oral solids businesses to Aurobindo Pharma, an Indian pharmaceutical giant. The deal, which includes a $900 million cash payment and potential earn-outs of $100 million, marks a significant reshaping of Sandoz’s […]