Sandoz


Sandoz

Infobox_Company
company_name = Sandoz
company_
company_type = Subsidiary of Novartis
company_slogan =
foundation = 2003
location = Holzkirchen, Germany
key_people = Andreas Rummelt, CEO
num_employees = 23,000
industry = pharmaceuticals
products = amlodipine, atenolol, amoxicillin, azithromycin, citalopram, enalapril, fentanyl, lisinopril, loratadine, metformin, metoprolol, omeprazole, penicillin, ranitidine, simvastatin, terazosin
revenue = USD 7.2 Billion (2007)
homepage = [http://www.sandoz.com/ www.sandoz.com]

Sandoz is the generics subsidiary of Novartis, a multinational pharmaceutical company. The company develops, manufactures and markets off-patent medicines as well as pharmaceutical and biotechnological active ingredients.

Sandoz reported sales in 2007 were US$ 7.2 Billion. It employs more than 23,000 people in 130 countries. Its global headquarters are in Holzkirchen, Germany, just south of Munich. The most important sites are Broomfield, Colorado, Cambé, Kalwe, Kundl, Ljubljana, Magdeburg, Stryków, and Wilson, North Carolina.

Sandoz was founded in 2003 under the brand name of one of the predecessor companies of Novartis. Before the merger to form Novartis in 1996, Sandoz Laboratories was a Swiss pharmaceutical company, best known for inventing LSD in 1938 and later marketing it as a psychiatric drug under the trade name "Delysid"Fact|date=September 2008. The laboratories also made saccharin and a number of other now-common chemicals.

Company history

In 2002, Sandoz expanded with the acquisition of Slovenian company Lek, which employs about 2,820 people.

In 2005, Sandoz expanded greatly with the acquisition of Hexal of Germany and Eon Labs of the U.S. Sandoz headquarters relocated to that of Hexal, in Holzkirchen, Germany. CEO of Sandoz, currently, is Andreas Rummelt.

External links

* [http://www.sandoz.com/ Sandoz official website]
* [http://www.sandoz.com/assets/content/en/Sandoz_Virtual_History/index.shtml Sandoz' history, a virtual tour]

References


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