
Sandoz is an independent publicly traded pharmaceutical company listed on the SIX Swiss Exchange under ticker SDZ, headquartered in Basel, Switzerland. Sandoz was spun off from Novartis and began trading as a standalone company on October 4, 2023. For full-year 2025, Sandoz reported net sales of USD 11.1 billion, up 5% at constant currencies, with biosimilars accounting for 30% of total net sales. The company employs over 20,000 people and reaches approximately one billion patients annually.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Sandoz | Sandoz Group AG | Wholly owned |
Sandoz was founded in 1886 by Edmond Sandoz in Basel, Switzerland. The company began as a pharmaceutical manufacturer producing dyes and chemicals before expanding into pharmaceuticals. In 2026, Sandoz celebrates 140 years of heritage, 80 years of antibiotics manufacturing, and 20 years of pioneering biosimilars.
Throughout the early 20th century, Sandoz expanded its product portfolio and became one of Switzerland's leading pharmaceutical manufacturers. The company developed expertise in chemical synthesis and pharmaceutical production that would later become the foundation of its generics business.
In 1996, Sandoz merged with Ciba-Geigy to form Novartis, creating one of the world's largest pharmaceutical companies. Following the merger, Sandoz became Novartis's dedicated generics and biosimilars division. Over the following decades, the Sandoz division grew to become the world's largest generic and biosimilar manufacturer by revenue.
Sandoz pioneered the biosimilar market in 2006, when it introduced Omnitrope (somatropin), the world's first approved biosimilar. Omnitrope overtook its reference medicine in market share in 2021 and has led the global human growth hormone market since, with a 32 percent share as of 2025.
In October 2023, Sandoz completed its spin-off from Novartis, becoming an independent publicly traded company. The spin-off was one of the largest in European pharmaceutical history. Novartis shareholders received one Sandoz share for every five Novartis shares held.
As an independent company, Sandoz has accelerated its growth strategy. In 2025, the company launched several key biosimilars: Wyost and Jubbonti (denosumab), Pyzchiva (ustekinumab) and its autoinjector version, Afqlir (aflibercept), and Tyruko (natalizumab) in the U.S. In December 2025, Sandoz completed the acquisition of Just-Evotec Biologics EU SAS, including a manufacturing site in Toulouse, France, to expand in-house biosimilar development and manufacturing capabilities.
In March 2026, Sandoz announced a strategic partnership with Samsung Bioepis covering up to five biosimilar assets, expanding the Sandoz biosimilar pipeline to up to 32 assets. Q1 2026 net sales reached USD 2.76 billion, up 3 percent at constant currencies, with biosimilars growing 18 percent at constant currencies.
What does Sandoz Group own?
Sandoz Group owns the Sandoz brand for generic medicines and biosimilars. The company markets approximately 1,300 generic medicines worldwide and has a pipeline of more than 400. Key biosimilar products include Pyzchiva, Binocrit, Hyrimoz, Omnitrope, Wyost and Jubbonti, Afqlir, and Tyruko. The company also operates manufacturing facilities and distribution centers globally.
Is Sandoz Group publicly traded?
Yes, Sandoz Group AG is publicly traded on the SIX Swiss Exchange under ticker SDZ. The company began trading independently in October 2023 following its spinoff from Novartis.
Who founded Sandoz Group?
Sandoz Group was established in 2003 as the generics division of Novartis. The company became independent through a spinoff from Novartis in October 2023. The Sandoz name traces its heritage back to 1886, when the original Sandoz chemical company was founded in Basel, Switzerland.
Where is Sandoz Group headquartered?
Sandoz Group is headquartered in Basel, Switzerland. The company relocated its corporate headquarters from Risch to Basel in April 2025. The registered office is at Centralbahnstrasse 4, 4051 Basel.
How many brands does Sandoz Group own?
Sandoz Group owns one main brand: Sandoz, for generic medicines and biosimilars. The brand includes approximately 1,300 generic medicines and a growing portfolio of biosimilars.
Who owns Sandoz Group?
Sandoz Group is a publicly traded company with a dispersed shareholder base. Institutional investors hold the majority of shares, with no single controlling shareholder. Novartis does not retain a significant stake following the spinoff. Gilbert Ghostine serves as Chairman of the Board of Directors.
What is Sandoz Group's revenue?
Sandoz Group reported FY2025 net sales of USD 11.1 billion, up 5 percent at constant currencies and 7 percent in USD. Core EBITDA was USD 2.4 billion with a margin of 21.7 percent. The company's 2026 guidance projects mid to high single-digit net sales growth at constant currencies.
Who is the CEO of Sandoz Group?
Richard Saynor serves as Chief Executive Officer of Sandoz Group AG. Remco Steenbergen serves as Chief Financial Officer. Gilbert Ghostine serves as Chairman of the Board of Directors.
As an independent company since 2023, Sandoz has established its own ESG framework. The company conducted a Double Materiality Assessment (DMA) in 2024 based on the European Sustainability Reporting Standards (ESRS) and has submitted greenhouse gas reduction targets to the Science Based Targets initiative (SBTi) for validation.
Sandoz reached approximately one billion patients in 2025, including an estimated 0.2 billion through active pharmaceutical ingredient (API) sales. The company's generics and biosimilars provide substantial global healthcare savings by offering affordable alternatives to branded medicines. Generics typically cost 80 to 90 percent less than their originator equivalents.
The company maintains sustainable manufacturing practices across its global production network. Sandoz implements environmental management systems and resource efficiency programs to minimize waste, energy consumption, and water usage in pharmaceutical manufacturing. The new Slovenia biosimilar hub and the Toulouse facility acquired from Just-Evotec Biologics are designed with modern environmental standards.
Sandoz conducts bioequivalence studies and clinical trials following international guidelines, ensuring patient safety, informed consent, and scientific integrity. The company works with suppliers who meet strict quality, environmental, and social standards for pharmaceutical ingredients and packaging materials.
As a publicly traded company on the SIX Swiss Exchange, Sandoz maintains corporate governance practices with transparent reporting and stakeholder engagement. The company published its first integrated annual report as an independent entity in 2024.
Sandoz received a Communique Award in 2024 in the Excellence in Corporate Communications category for successfully launching as the Independent Global Leader in Generic and Biosimilar Medicines. The award acknowledged the company's communication strategy during the spin-off from Novartis.
Sandoz is consistently recognized as the global and European market leader in generic and biosimilar medicines by industry analysts and pharmaceutical publications. The company's biosimilar business has been noted by the Center for Biosimilars and other industry organizations for its 17 consecutive quarters of growth.
No other independently verified awards specific to the Sandoz brand have been publicly documented beyond the Communique Award and market leadership recognition.
In July 2025, Sandoz Inc. issued a voluntary nationwide recall of several lots of Cefazolin for Injection, USP, 1 gram per vial, due to product mispackaging. Some vials were incorrectly labeled as Penicillin G Potassium for Injection, USP. The FDA announced the recall on July 14, 2025. Sandoz reported that it had not received any adverse events related to the mispackaging. The recalled products were distributed nationwide to wholesalers and distributors between December 4, 2024 and May 15, 2025. The recall was resolved through product recovery and corrective actions.
No other major controversies, regulatory actions, or lawsuits have been associated with Sandoz as an independent company. The company operates in a highly regulated industry and maintains compliance with FDA, EMA, and other regulatory body requirements across its manufacturing network.
The broader generic pharmaceutical industry faces ongoing pricing pressure and patent litigation. Sandoz navigates these challenges as part of its normal business operations, launching generic and biosimilar products following patent expirations and regulatory approvals.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Teva | Israel | 1901 | Leader | Global | All Genders |
Market Positioning: Sandoz competes with 1 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Looking for brands with different ownership structures? These similar brands are not owned by Sandoz Group AG, giving you alternative choices that support different corporate structures.
Healthcare PharmaceuticalsOwned by Chempro Chemists
Australian online pharmacy operated by Chempro Chemists from Molendinar, Queensland. Offers prescription medications, health products, and wellness items through digital platforms and mail-order delivery.
Pharmacy Direct is privately owned, unlike Sandoz which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by IBSA Institut Biochimique S.A.
IBSA Institut Biochimique SA's branded levothyroxine softgel capsule (Tirosint) and liquid solution (Tirosint-SOL), FDA approved for hypothyroidism, formulated without dyes, gluten, lactose, alcohol, or sugar, providing an excipient-free alternative to conventional levothyroxine tablets for patients with sensitivities or absorption issues.
Tirosint is privately owned, unlike Sandoz which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by Novo Nordisk
Danish pharmaceutical company specializing in diabetes care and obesity treatment. Founded in 1923, headquartered in Bagsvaerd, Denmark. World leader in diabetes care and a leader in obesity treatment with Ozempic, Wegovy, and the investigational CagriSema. CEO Lars Fruergaard Jorgensen departed in March 2025; interim leadership under board chairman Helge Lund until a permanent CEO is appointed.
Novo Nordisk operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by Bausch + Lomb Corporation
Global eye health company and contact lens manufacturer founded in 1853, known for ULTRA, Biotrue One Day, and INFUSE lens lines. Public on NYSE and TSX under BLCO.
Bausch + Lomb operates independently without a large parent corporation.
Healthcare PharmaceuticalsOwned by EKR Therapeutics, Inc.
Retavase (reteplase) is a prescription thrombolytic medication indicated for acute ST-elevation myocardial infarction. Administered as two 10-unit intravenous bolus injections 30 minutes apart. Currently marketed by Chiesi USA.
Retavase is privately owned, unlike Sandoz which is under a publicly traded parent company.
Healthcare PharmaceuticalsOwned by Alcon Inc.
Independent publicly traded global eye care company headquartered in Geneva, Switzerland, specializing in surgical equipment, contact lenses, and ophthalmic products. Spun off from Novartis in April 2019.
Alcon operates independently without a large parent corporation.
Discover popular brands and companies in the Healthcare & Pharmaceuticals category and related searches from other users.

Abbokinase (urokinase) is a thrombolytic medication historically used for pulmonary embolism and catheter clearance. Originally marketed by Abbott Laboratories, now owned by Microbix Biosystems as Kinlytic. FDA-approved since 1978.

Prescription isotretinoin brand developed by Roche and approved by the FDA in 1982 for severe nodular acne. Roche discontinued the brand name in the United States in 2009; the drug continues as Roaccutane in international markets.

Activase (alteplase) is a prescription thrombolytic medication manufactured by Genentech, a wholly-owned subsidiary of Roche. Used to treat acute ischemic stroke, heart attack, and pulmonary embolism.