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Sandoz Plugs Ophthalmology Gap With Coherus Ranibizumab Deal

Deal Includes $170m Upfront; Coherus Pushing Into Novel Oncology Space

Executive Summary

Sandoz has truly spread its wings since separating from Novartis, striking its first post-spinoff acquisition agreement by taking the Lucentis biosimilar Cimerli from Coherus BioSciences, which is moving in a different strategic direction.

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