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Sandoz announces further investment in key manufacturing facility in Austria, to support increased global demand for essential antibiotics

EUR 50m planned investment to support increased manufacturing capacity for finished dosage form penicillins, the leading class of antibiotics worldwideNew project brings total planned investment into Sandoz antibiotics network across Europe to over EUR 250 millionTechnology upgrades at Kundl site will help to meet increasing global penicillins demand and partially offset impact of high energy costs at unit cost levelSandoz stresses importance of fundamental market reforms to ensure long-term sustainability of European-based anti Basel, November 7, 2022 – Sandoz, a global leader in generic and biosimilar medicines, today announced an additional investment of EUR 50 million to support increased European manufacturing capacity for finished dosage form (FDF) penicillins, the leading class of antibiotics worldwide. Novartis is a global healthcare company based in Switzerland that provides solutions to address the evolving needs of patients worldwide. ....

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