Sandoz Group AG Registered Shares

SDZ: XSWX (CHE)
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Sandoz Earnings: Biosimilar Strength Continues To Impress As Demand Outpaces Supply

Sandoz reported 4% (or 5% in constant currencies) revenue growth during the third quarter, lagging consensus by 100 basis points. Revenue for generics was down 1% (flat in constant currencies) and for biosimilars was up 16% (17% in constant currencies). Shares fell 4% Oct. 28.

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