EconomicSwitzerland·Unpinned27 Oct 2026
Sandoz CEO urges policy support for European antibiotic production
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Sandoz CEO Richard Saynor recently highlighted European dependence on China for antibiotic production, noting that China accounted for 86% of EU penicillin imports in 2023, up from 44% in 2019. Sandoz, which operates Europe's last fully integrated antibiotic facility in Kundl, Austria, requested an anti-dumping probe from the European Commission, alleging…
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