Sandoz Group AG (Sandoz Group AG) Other Operating Expense : $ Mil (TTM As of Dec. 2023)

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What is Sandoz Group AG Other Operating Expense?

Sandoz Group AG's Other Operating Expense for the three months ended in Dec. 2023 was $874 Mil. Sandoz Group AG does not have enough years/quarters to calculate its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023.

Sandoz Group AG's quarterly Other Operating Expense increased from . 20 ($0 Mil) to Dec. 2022 ($179 Mil) and increased from Dec. 2022 ($179 Mil) to Dec. 2023 ($874 Mil).

Sandoz Group AG's annual Other Operating Expense increased from . 20 ($0 Mil) to Dec. 2022 ($179 Mil) and increased from Dec. 2022 ($179 Mil) to Dec. 2023 ($874 Mil).

Sandoz Group AG Other Operating Expense Historical Data

The historical data trend for Sandoz Group AG's Other Operating Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Sandoz Group AG Other Operating Expense Chart

Sandoz Group AG Annual Data

Trend

Dec22

Dec23

Other Operating Expense

179.00

874.00

Sandoz Group AG Quarterly Data
	Dec22	Dec23
Other Operating Expense	179.00	874.00

Sandoz Group AG Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Sandoz Group AG Other Operating Expense Related Terms

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Sandoz Group AG (Sandoz Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sandoz Group AG (OTCPK:SDZNY) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

SDZXF:USA SDZz:UK D8Y0:Germany SDZ:Switzerland

Address

Forum 1, Novartis Campus, Basel, CHE, CH-4056

Website

https://www.sandoz.com

Sandoz is one of the largest generic pharmaceutical manufacturers in the world, generating over $9 billion annually from off-patent drugs. Once part of Novartis, Sandoz spun off and went public in October 2023. Generics, including small molecules and complex injectables, make up roughly 75% of Sandoz's total sales, and the firm has a significant presence in Europe, the United States, and other key international markets. Sandoz generates its remaining sales from biosimilars and is among leaders in the space. Sandoz launched Europe's first biosimilar, Omnitrope, in 2006 as well as U.S.'s first biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in pipeline.

Sandoz Group AG (Sandoz Group AG) Headlines

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