Novartis sells Sandoz US dermatology, generics portfolio to Aurobindo for $900m

Novartis sells Sandoz US dermatology, generics portfolio to Aurobindo for $900m

Photo: Reuters

Novartis AG said on Thursday that it would sell the dermatology and generic US oral solids portfolios of Sandoz US to Aurobindo Pharma Ltd for $900 million, as the Swiss drugmaker looks to focus on higher growth areas.

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