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Sandoz Group AG (Sandoz Group AG) Purchase Of Property, Plant, Equipment : $ Mil (TTM As of Dec. 2023)


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What is Sandoz Group AG Purchase Of Property, Plant, Equipment?

Sandoz Group AG's purchase of property, plant, equipment for the three months ended in Dec. 2023 was $-364 Mil. It means Sandoz Group AG spent $364 Mil on purchasing property, plant, equipment. Sandoz Group AG does not have enough years/quarters to calculate the purchase of property, plant, equipment for the trailing twelve months (TTM) ended in Dec. 2023.

Compared with last quarter ($-278 Mil in Dec. 2022 ), Sandoz Group AG spent more money on purchasing property, plant, equipment in Dec. 2023 ($-364 Mil).


Sandoz Group AG Purchase Of Property, Plant, Equipment Historical Data

The historical data trend for Sandoz Group AG's Purchase Of Property, Plant, Equipment 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 Purchase Of Property, Plant, Equipment Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23
Purchase Of Property, Plant, Equipment
-278.00 -364.00

Sandoz Group AG Quarterly Data
Dec22 Dec23
Purchase Of Property, Plant, Equipment -278.00 -364.00

Sandoz Group AG Purchase Of Property, Plant, Equipment Calculation

The amount used to purchase PPE.


Sandoz Group AG Purchase Of Property, Plant, Equipment Related Terms

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Sandoz Group AG (Sandoz Group AG) Business Description

Industry
Traded in Other Exchanges
Address
Forum 1, Novartis Campus, Basel, CHE, CH-4056
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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