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Sandoz Lays Out Plan For Rebound With Top Line Stagnant In 2021

Core Operating Profit Falls By 12% As Reported; 14% In Constant Currencies

Executive Summary

Novartis admits that its Sandoz division is not expected to enjoy turnover growth in 2022, due to a lack of material launches, but is planning for a rise in 2023 and beyond.

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With pricing pressures already creeping up in recent years, 2022 is set to see the generics industry caught in the middle as prices are further squeezed while costs continue to rise. As major players prepare to announce their first-quarter financial results, In Vivo looks at views from industry leaders on how these pressures are affecting their businesses, and how they can be expected to play out.

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