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SDZNY (Sandoz Group AG) Current Accrued Expense : $0 Mil (As of Jun. 2024)


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What is Sandoz Group AG Current Accrued Expense?

Sandoz Group AG's Current Accrued Expense for the quarter that ended in Jun. 2024 was $0 Mil.


Sandoz Group AG Current Accrued Expense Historical Data

The historical data trend for Sandoz Group AG's Current Accrued 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 Current Accrued Expense Chart

Sandoz Group AG Annual Data
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Sandoz Group AG Semi-Annual Data
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Sandoz Group AG Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.


Sandoz Group AG Current Accrued Expense Related Terms

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Sandoz Group AG Business Description

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 the first US biosimilar, Zarxio, in 2015. It currently has eight commercialized biosimilars in a number of markets and has over 20 assets in its pipeline.

Sandoz Group AG Headlines