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Sandoz Group AG (Sandoz Group AG) Short-Term Debt : $269 Mil (As of Dec. 2023)


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What is Sandoz Group AG Short-Term Debt?

Sandoz Group AG's Short-Term Debt for the quarter that ended in Dec. 2023 was $269 Mil.

Sandoz Group AG's quarterly Short-Term Debt increased from . 20 ($0 Mil) to Dec. 2022 ($184 Mil) and increased from Dec. 2022 ($184 Mil) to Dec. 2023 ($269 Mil).

Sandoz Group AG's annual Short-Term Debt increased from . 20 ($0 Mil) to Dec. 2022 ($184 Mil) and increased from Dec. 2022 ($184 Mil) to Dec. 2023 ($269 Mil).


Sandoz Group AG Short-Term Debt Historical Data

The historical data trend for Sandoz Group AG's Short-Term Debt 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 Short-Term Debt Chart

Sandoz Group AG Annual Data
Trend Dec22 Dec23
Short-Term Debt
184.00 269.00

Sandoz Group AG Quarterly Data
Dec22 Dec23
Short-Term Debt 184.00 269.00

Sandoz Group AG Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.


Sandoz Group AG Short-Term Debt Related Terms

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Sandoz Group AG (Sandoz Group AG) Business Description

Traded in Other Exchanges
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 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

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