Sandoz deal to exclusively commercialize six products in the USA
Sandoz, the soon to be divested generics and biosimilars business of Swiss pharma giant Novartis (NOVN: VX), today announced the signing of a distribution and collaboration agreement with Adalvo for exclusive Sandoz rights to commercialize six products in the USA across key therapeutic areas, including antifungal/antibiotic, oncology and pulmonary.
“Sandoz is putting patients first by securing the rights to bring more affordable, equally effective treatments for a range of disorders that collectively affect millions of people in the US every year,” said Keren Haruvi, president, Sandoz Inc, adding; “This agreement also helps advance our ambition to be the world’s largest and most valued generics company.”
$3 billion addressable market
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