Find a lawyerOur capabilitiesYour careerSearch
Locations
Our capabilities
News

Select language:

Locations
Our capabilities
News

Select language:

hamburger menu showcase image
  1. Our thinking
  2. News
  3. News Search
  4. Freshfields advises Novartis on its spin-off of the Sandoz business
Freshfields advises Novartis on its spin-off of the Sandoz business

Freshfields Bruckhaus Deringer (‘Freshfields’) has advised Novartis AG ('Novartis') as global transaction counsel on the separation and spin-off of Sandoz, its generics and biosimilars division ('Spin-off'). 

As a consequence of the Spin-off, Sandoz has become an independent, publicly traded company on the SIX Swiss Exchange with ADRs traded on the over-the-counter market in the US.

The Spin-off was completed on 4 October 2023 following approval by Novartis shareholders.

The Freshfields team was led by partner Jennifer Bethlehem, counsel Rikin Morjaria and senior associates Marc McCaughey and Elisabeth Wulf together with partners Andrew Austin, David Brooks, Holly Insley and Kristen Riemenschneider and counsel Jon Scurr and Harriet Hanks.

FIND US IN
All locations
NAVIGATE TO
About usYour careerOur thinkingOur capabilitiesNews
CONNECT
Find a lawyerAlumniContact us
NEED HELP
Fraud and scamsComplaintsTerms and conditions
LEGAL
AccessibilityCookiesLegal noticesTransparency in supply chains statementResponsible procurementPrivacy

© 2025 Freshfields. Attorney Advertising: prior results do not guarantee a similar outcome

Select language: