Sandoz Strikes €150m Deal On Antibiotics In Austria

Joint Investment With Austrian Government Strengthens European Manufacturing Against COVID Backdrop

Sandoz has announced joint plans with the Austrian government to invest over €150m in antibiotics manufacturing.

Sandoz
Sandoz’ manufacturing facility in Kundl, Austria, is the hub of the “last vertically integrated antibiotics production chain in Europe” • Source: Sandoz

Sandoz has announced joint plans with Austria’s government to invest more than €150m ($176m) in antibiotics manufacturing “to drive long-term competitiveness of European production for key antibiotics in Europe” against the backdrop of supply constraints experienced during the COVID-19 pandemic.

The planned combined investment will include “major innovative technology development and implementation for large-scale manufacture of active ingredients for leading...

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