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Sandoz has completed the acquisition of Just-Evotec Biologics EU SAS from Evotec SE. The deal includes a Toulouse site and a license to cutting-edge continuous-manufacturing technology for biosimilars. This expansion aligns with Sandoz's biosimilar strategy, enhancing in-house development and manufacturing capabilities, efficiency, and scalability. The transaction is within existing capital-expenditure commitments and does not impact the company's 2025 guidance.

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