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...Sandoz, for instance, is focused instead on developing generic versions of more profitable, innovative drugs that are approaching the end of their patent, Saynor says....
...The results focus on the remaining business, focused on innovative drugs, after Novartis spun out its generics division Sandoz this month....
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...As part of that plan, the company is spinning off its generics drugs division Sandoz....
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...and Jiangsu Hengrui Pharmaceuticals....
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...Novartis recently said it would spin off its generic drugmaking business Sandoz....
...Founded by the Sandoz family, the business merged with Ciba-Geigy to create Novartis in 1996....
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