Novartis sells parts of Sandoz U.S. to India’s Aurobindo for $900 million

Novartis AG said on Thursday it would sell the dermatology and generic U.S. oral solids portfolios of Sandoz U.S. to India’s Aurobindo Pharma Ltd for $900 million, as the Swiss drugmaker looks to focus on higher growth areas.

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Source:: Reuters – Business News


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