Sandoz Q3 Sales $2.595B Up From $2.337B YoY
Portfolio Pulse from Benzinga Newsdesk
Sandoz reported a strong third quarter with net sales of $2.6 billion, marking a 12% increase in constant currencies. The growth was driven by a 37% rise in biosimilars and accelerated generics growth in Europe.
October 30, 2024 | 6:06 am
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Sandoz's Q3 sales increased by 12% in constant currencies, driven by strong biosimilars and generics growth, particularly in Europe.
The significant increase in sales, particularly in biosimilars and generics, suggests strong market performance and potential positive investor sentiment, likely leading to a short-term stock price increase.
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