10.02.2011 • NewsNovartisSandozBiosimilars

Sandoz Has 10 Biosimilars in Pipeline

Novartis´ generics unit Sandoz is working on eight to 10 new biosimilar molecules to cement its position as leading maker of copycat versions of pricey biotech drugs, the unit's head told Handelsblatt.

The drug candidates are in varying stages of development, the head of Sandoz, Jeff George, was quoted as saying in the German paper's Wednesday edition.

With three biosimilars on the market, the Swiss firm has a leading position in the industry and smaller competitors will struggle to keep up with research and development costs, he added.

Development costs for a single molecule, range from $50 million to $200 million or more, George said.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

Whitepaper

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)
Setting the Standard

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)

Are you ready to elevate your pharmaceutical operations? Download our exclusive whitepaper and discover how compliance with Good Distribution Practice (GDP) is essential for the safety and integrity of pharmaceuticals.