Spinoff

Sanofi’s ‘Play to Win’ strategy backfires, stock tumbles

Sanofi’s ‘Play to Win’ strategy backfires, stock tumbles

Anika Sharma

Sanofi is facing investor discontent as its CEO, Paul Hudson, unveiled the latest chapter in the “Play to Win” strategy ...

3M CEO talks healthcare spinoff, revenue drop | Pharma News

3M CEO updates on healthcare spinoff amid revenue decline

Anika Sharma

In a recent company update, 3M has provided insights into the status of its long-anticipated healthcare business spinout, indicating that ...

Sandoz's Subdued Market Entrance After Splitting from Novartis

Sandoz’s Subdued Market Entrance After Splitting from Novartis

Anika Sharma

Sandoz has successfully completed its separation from Novartis after extensive preparations lasting over a year. However, the initial valuation on ...

Medtronic to sell its medical supplies unit to Carlyle Group for $7 billion

Medtronic to sell its medical supplies unit to Carlyle Group for $7 billion

Anika Sharma

In a significant development nearly a year after Medtronic’s announcement of its intention to spin off its patient monitoring and ...

Novartis, Sandoz, spinoff, Generic drugs

Novartis Nears Sandoz Spinoff Milestone with Unique Stock Distribution Strategy

Anika Sharma

As the long-anticipated spinoff of Novartis’ Sandoz division draws near, the Swiss pharmaceutical giant has unveiled a novel approach to ...

AstraZeneca Sees China Sales Growth, Refutes Spinoff Report

AstraZeneca Expects Higher China Sales, Denies Spinoff Report

SG Tylor

AstraZeneca’s CEO Pascal Soriot has denied a report that the company is considering spinning off its China business, which is ...