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flag Sandoz acquires Evotec’s Toulouse site and J.POD tech to boost biosimilars production, with deal closing Dec. 5, 2025.

flag Sandoz has acquired Evotec’s Toulouse manufacturing site and an indefinite license to its J.POD continuous manufacturing technology, effective December 5, 2025, to strengthen its biosimilars production capabilities. flag The deal enhances Sandoz’s in-house development and manufacturing efficiency without impacting its 2025 financial guidance. flag Evotec completed the sale to shift toward a lighter, asset-efficient model, receiving upfront fees and potential future payments exceeding $650 million, including milestones and royalties on up to ten biosimilars targeting over $90 billion in originator sales. flag The transaction is immediately earnings accretive and supports Evotec’s focus on drug discovery and biologics development, while it continues providing global manufacturing services and expanding access to its technology through licensing.

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