EE Impact

Sandoz

Switzerland · Pharma & Healthcare

LeaveRussia detail: Continue Operations

Still operating in Russia

Sandoz Group AG is a Swiss company that focuses on generic pharmaceuticals and biosimilars. Prior to October 2023, it was part of a division of Novartis that was established in 2003, when Novartis united all of its generics businesses under the name Sandoz.

Status last verified 03/08/2026Source checked 18/03/2025Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 05/04/2024 · Reference ↗

Have decided to suspend any investment in Russia as well as commercial marketing activities. The company did not stop working in Russia. The Russian website is working. In October 2023, the general director was changed. Staff are being recruited.

Local stats (LeaveRussia)

Assets(RF), mln.USD
200
Capital(RF), mln.USD
72
Revenue(RF), mln.USD
285
Staff(RF), 2021
1088
Glob.Revenue, mln.USD
9647

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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Statuses, logos and narrative notes are compiled from public reporting and the KSE LeaveRussia project. Found an error? See our corrections policy.