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Novartis divests Sandoz's US generics businesses to Aurobindo for up to $1bn; deal later terminated
25 Aug 2022
Executive Summary
Aurobindo Pharma Ltd.'s Aurobindo Pharma USA Inc. agreed to buy certain portions of Sandoz International GMBH's US Sandoz's US generic dermatology and US generic oral solids businesses, which parent Novartis AG is divesting.
Deal Industry
- Pharmaceuticals
-
Pharmaceuticals
- Generic Drugs
-
Drug Delivery
- Topical Delivery
Deal Status
- Withdrawn
Deal Type
-
Acquisition
- Full Acquisition
- Includes Earnout
- Payment Includes Cash for Equity
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Novartis divests Sandoz's US generics businesses to Aurobindo for up to $1bn; deal later terminated
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