GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sandoz Group AG (OTCPK:SDZNY) » Definitions » PensionAndRetirementBenefit

Sandoz Group AG (Sandoz Group AG) PensionAndRetirementBenefit : $260 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Sandoz Group AG PensionAndRetirementBenefit?

Sandoz Group AG's PensionAndRetirementBenefit for the quarter that ended in Dec. 2023 was $260 Mil.

Sandoz Group AG's quarterly PensionAndRetirementBenefit increased from . 20 ($0 Mil) to Dec. 2022 ($237 Mil) and increased from Dec. 2022 ($237 Mil) to Dec. 2023 ($260 Mil).

Sandoz Group AG's annual PensionAndRetirementBenefit increased from . 20 ($0 Mil) to Dec. 2022 ($237 Mil) and increased from Dec. 2022 ($237 Mil) to Dec. 2023 ($260 Mil).

Sandoz Group AG PensionAndRetirementBenefit Historical Data

The historical data trend for Sandoz Group AG's PensionAndRetirementBenefit 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.

* Premium members only.

Sandoz Group AG PensionAndRetirementBenefit Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23
PensionAndRetirementBenefit
237.00 260.00

Sandoz Group AG Quarterly Data
Dec22 Dec23
PensionAndRetirementBenefit 237.00 260.00

Sandoz Group AG PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Sandoz Group AG (Sandoz Group AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sandoz Group AG (OTCPK:SDZNY) » Definitions » PensionAndRetirementBenefit
Comparable Companies
XSWX:SFZN XSWX:PPGN ZTS XTER:MRK TSE:4502 LSE:HLN NSE:SUNPHARMA TSE:4523 TSE:4507 SZSE:000538 HKSE:03692 NBIX NSE:DIVISLAB BOM:500124 VTRS SZSE:000963 XPAR:IPN SHSE:600085 XTAE:TEVA SHSE:600196
Traded in Other Exchanges
SDZXF:USA SDZz:UK D8Y0:Germany SDZ:Switzerland
Address
Forum 1, Novartis Campus, Basel, CHE, CH-4056
Website
https://www.sandoz.com
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

From GuruFocus

Q3 2023 Sandoz Group AG Earnings Call Transcript

By GuruFocus Research • 02-14-2024

Q3 2023 Sandoz Group AG Earnings Call Transcript

By GuruFocus Research • 02-14-2024