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Do Sandoz’ Q2 Results Indicate US Bottom Is In Sight?

Novartis Unit Raises Annual Guidance As Q2 ‘Outweighs Expectations’

Executive Summary

Sandoz has been able to hike its previously flat full-year annual guidance following an upward trajectory for the company, especially in Europe and the US. One analyst pondered whether this suggested the “emergence of a bottom in the US generics sector” during the second half of the year.

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