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SANDOZ A/S

CVR: 27744532

Growing 7% p.a.Medium companyWell-established (22 yrs)Profitable

Secondary names: DURASCAN A/S, DURASCAN MEDICAL PRODUCTS A/S, HEXAL SCANDINAVIA A/S

Previous names: DURASCAN MEDICAL PRODUCTS A/S

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About SANDOZ A/S

SANDOZ A/S is a Danish company of the type Aktieselskab based in København S, founded in 2004. The company is registered under the industry Engroshandel med medicinalvarer og sygeplejeartikler. The company was previously named DURASCAN MEDICAL PRODUCTS A/S. The management consists of Lawrence Edward Mead. The company is owned by Sandoz AG. The company has 136 employees. In 2025, the company reported revenue of DKK 2,515,342,000 and a net result of DKK 85,168,000 compared with DKK 48,047,000 the year before. Equity amounted to DKK 662,792,000.

SANDOZ A/S demonstrates a stable financial health with a consistent revenue growth trajectory, achieving 2.52 billion DKK in 2024, slightly down from 2.52 billion DKK in 2025, but up from 2.29 billion DKK in 2023. Profitability has shown fluctuations, with a notable increase to 85.17 million DKK in 2025, following a dip to 48.05 million DKK in 2024. The company's equity has steadily improved, reaching 662.79 million DKK in 2025, indicating a strong capital position. While margins have varied, the overall trend suggests a solid position within the pharmaceutical wholesale industry, supported by a growing equity base.

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Overview

Company type
A/S
Aktieselskab
Address
Edvard Thomsens Vej 14 1., 2300 København S
KØBENHAVN
2300 København S
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Founded
17.5.2004

Details

Industry
Engroshandel med medicinalvarer og sygeplejeartikler
Code: 464610
Employees
136 employees
118 FTE
(2018)
Capital
12.000.000 kr.

Purpose

Selskabets formål er at drive handel, industri og finansiering samt anden dermed beslægtet virksomhed, herunder at drive virksomhed gennem datterselskaber.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
20252.5 mia.85.2 mio.1.5 mia.662.8 mio.149
20242.5 mia.48 mio.1.5 mia.577.6 mio.106
20232.3 mia.68.5 mio.1.4 mia.529.6 mio.104
20222.2 mia.42.9 mio.1.2 mia.461.1 mio.100
20212 mia.58 mio.1 mia.418.1 mio.108
20202.1 mia.89.4 mio.1.2 mia.360.1 mio.114
20191.8 mia.-121 mio.923.5 mio.270.7 mio.113
20181.5 mia.60.8 mio.747.1 mio.391.6 mio.113
20171.5 mia.5.2 mio.864.7 mio.530.8 mio.101
20161.4 mia.38.5 mio.788.5 mio.525.7 mio.91
20151.4 mia.13.4 mio.819 mio.487.1 mio.76
20141.2 mia.20.6 mio.734.9 mio.473.8 mio.72
20131.1 mia.25.2 mio.708.9 mio.453.1 mio.65

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Industry Benchmarks

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Compared to 412 companies in Engroshandel med medicinalvarer og sygeplejeartikler

Revenue
Company2.5 mia.
Industry median5.2 mio.
482.3x
Profit margin
Company3.4%
Industry median20.0%
5.9x below
Employees
Company149
Industry median9
16.6x
Equity ratio
Company43.6%
Industry median51.0%
About average

Comparison is based on industry median values

Ownership

Owners
Sandoz AG
100%
SANDOZ A/S
CVR: 27744532

Public contracts

2 public tenders won

Udbudsnummer 1
Amgros I/S25/06/2026733.000.000 kr.
Lot No. 1
Amgros I/S30/09/202418.750.000 €

Sources: TED (the EU tender database) and udbud.dk

Management

Directors

Lawrence Edward Mead(ADM. DIR.)

Board

Diane Marie DiGangi(FORMAND)
Lawrence Edward Mead(BESTYRELSESMEDLEM)
Nete Brændgaard(BESTYRELSESMEDLEM)

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Production units (9)

SANDOZ A/S
P-no: 1003151627
Edvard Thomsens Vej 14 1., 2300, København S
Engroshandel med medicinalvarer og sygeplejeartikler
136 employees

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History

108 events
2026
SANDOZ A/S: The 2025 annual report is outJun 25, 2026

SANDOZ A/S has published its annual report for 2025. Revenue came to DKK 2,515,342,000, and the net result was DKK 85,168,000.

SANDOZ A/S wins public contractJun 25, 2026

SANDOZ A/S has won the tender "Udbudsnummer 1" issued by Amgros I/S worth 733,000,000 DKK.

2025
Lawrence Edward Mead joins the board of SANDOZ A/SJun 16, 2025

As of June 16, 2025, Lawrence Edward Mead has joined the board of directors of SANDOZ A/S.

Kerstin Elisabeth Jarvheden leaves the board of SANDOZ A/SJun 16, 2025

As of June 16, 2025, Kerstin Elisabeth Jarvheden has left the board of directors of SANDOZ A/S.

SANDOZ A/S: The 2024 annual report is outMay 15, 2025

SANDOZ A/S has published its annual report for 2024. Revenue came to DKK 2,523,029,000, and the net result was DKK 48,047,000.

Lawrence Edward Mead joins SANDOZ A/S as adm. dir.May 14, 2025

As of May 14, 2025, Lawrence Edward Mead is registered as adm. dir. of SANDOZ A/S.

Kerstin Elisabeth Jarvheden steps down as adm. dir. of SANDOZ A/SMay 14, 2025

As of May 14, 2025, Kerstin Elisabeth Jarvheden has stepped down as adm. dir. of SANDOZ A/S.

Kerstin Elisabeth Jarvheden joins the board of SANDOZ A/SJan 15, 2025

As of January 15, 2025, Kerstin Elisabeth Jarvheden has joined the board of directors of SANDOZ A/S.

Diane Marie DiGangi joins the board of SANDOZ A/SJan 15, 2025

As of January 15, 2025, Diane Marie DiGangi has joined the board of directors of SANDOZ A/S.

Carsten Gleerup leaves the board of SANDOZ A/SJan 15, 2025

As of January 15, 2025, Carsten Gleerup has left the board of directors of SANDOZ A/S.

Aljoscha Boris Patrick Stroh leaves the board of SANDOZ A/SJan 15, 2025

As of January 15, 2025, Aljoscha Boris Patrick Stroh has left the board of directors of SANDOZ A/S.

Christophe Delenta leaves the board of SANDOZ A/SJan 15, 2025

As of January 15, 2025, Christophe Delenta has left the board of directors of SANDOZ A/S.

Kerstin Elisabeth Jarvheden joins SANDOZ A/S as adm. dir.Jan 1, 2025

As of January 1, 2025, Kerstin Elisabeth Jarvheden is registered as adm. dir. of SANDOZ A/S.

Carsten Gleerup steps down as adm. dir. of SANDOZ A/SJan 1, 2025

As of January 1, 2025, Carsten Gleerup has stepped down as adm. dir. of SANDOZ A/S.

2024
SANDOZ A/S wins public contractSep 30, 2024

SANDOZ A/S has won the tender "Lot No. 1" issued by Amgros I/S worth 18,750,000 EUR.

Christophe Delenta joins the board of SANDOZ A/SSep 19, 2024

As of September 19, 2024, Christophe Delenta has joined the board of directors of SANDOZ A/S.

Rebecca Flückiger Guntern leaves the board of SANDOZ A/SSep 19, 2024

As of September 19, 2024, Rebecca Flückiger Guntern has left the board of directors of SANDOZ A/S.

SANDOZ A/S: The 2023 annual report is outJun 14, 2024

SANDOZ A/S has published its annual report for 2023. Revenue came to DKK 2,291,832,000, and the net result was DKK 68,521,000.

2023
SANDOZ A/S: The 2022 annual report is outMay 11, 2023

SANDOZ A/S has published its annual report for 2022. Revenue came to DKK 2,163,937,000, and the net result was DKK 42,920,000.

Registered as owner of SANDOZ A/SMar 24, 2023

As of March 24, 2023, is registered as an owner of SANDOZ A/S with an ownership share of 100%.

SANDOZ A/S appoints new auditorJan 25, 2023

As of January 25, 2023, KPMG P/S has been appointed auditor of SANDOZ A/S.

Auditor steps down at SANDOZ A/SJan 25, 2023

As of January 25, 2023, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of SANDOZ A/S.

Nete Brændgaard joins the board of SANDOZ A/SJan 13, 2023

As of January 13, 2023, Nete Brændgaard has joined the board of directors of SANDOZ A/S.

Aljoscha Boris Patrick Stroh joins the board of SANDOZ A/SJan 13, 2023

As of January 13, 2023, Aljoscha Boris Patrick Stroh has joined the board of directors of SANDOZ A/S.

Adri Mussolini Simamora leaves the board of SANDOZ A/SJan 13, 2023

As of January 13, 2023, Adri Mussolini Simamora has left the board of directors of SANDOZ A/S.

Nete Brændgaard leaves the board of SANDOZ A/SJan 12, 2023

As of January 12, 2023, Nete Brændgaard has left the board of directors of SANDOZ A/S.

2022
SANDOZ A/S: The 2021 annual report is outJun 30, 2022

SANDOZ A/S has published its annual report for 2021. Revenue came to DKK 2,011,917,000, and the net result was DKK 58,023,000.

Nete Brændgaard joins the board of SANDOZ A/SMay 30, 2022

As of May 30, 2022, Nete Brændgaard has joined the board of directors of SANDOZ A/S.

Adri Mussolini Simamora joins the board of SANDOZ A/SMay 30, 2022

As of May 30, 2022, Adri Mussolini Simamora has joined the board of directors of SANDOZ A/S.

Judith Louise Love leaves the board of SANDOZ A/SMay 30, 2022

As of May 30, 2022, Judith Louise Love has left the board of directors of SANDOZ A/S.

2021
SANDOZ A/S: The 2020 annual report is outJun 16, 2021

SANDOZ A/S has published its annual report for 2020. Revenue came to DKK 2,130,513,479, and the net result was DKK 89,422,684.

2020
Rebecca Flückiger Guntern joins the board of SANDOZ A/SSep 30, 2020

As of September 30, 2020, Rebecca Flückiger Guntern has joined the board of directors of SANDOZ A/S.

Martin Bischof leaves the board of SANDOZ A/SSep 30, 2020

As of September 30, 2020, Martin Bischof has left the board of directors of SANDOZ A/S.

SANDOZ A/S: The 2019 annual report is outAug 31, 2020

SANDOZ A/S has published its annual report for 2019. Revenue came to DKK 1,842,299,400, and the net result was DKK -120,957,310.

2019
Carsten Gleerup joins the board of SANDOZ A/SSep 30, 2019

As of September 30, 2019, Carsten Gleerup has joined the board of directors of SANDOZ A/S.

Martin Bischof joins the board of SANDOZ A/SSep 30, 2019

As of September 30, 2019, Martin Bischof has joined the board of directors of SANDOZ A/S.

Knut Ulrich Mager leaves the board of SANDOZ A/SSep 30, 2019

As of September 30, 2019, Knut Ulrich Mager has left the board of directors of SANDOZ A/S.

Francesco Balestrieri leaves the board of SANDOZ A/SSep 30, 2019

As of September 30, 2019, Francesco Balestrieri has left the board of directors of SANDOZ A/S.

SANDOZ A/S: The 2018 annual report is outMay 31, 2019

SANDOZ A/S has published its annual report for 2018. Revenue came to DKK 1,533,107,843, and the net result was DKK 60,821,860.

Judith Louise Love joins the board of SANDOZ A/SMay 10, 2019

As of May 10, 2019, Judith Louise Love has joined the board of directors of SANDOZ A/S.

Niklas Olof Karlberg leaves the board of SANDOZ A/SMay 10, 2019

As of May 10, 2019, Niklas Olof Karlberg has left the board of directors of SANDOZ A/S.

2018
Carsten Gleerup joins SANDOZ A/S as adm. dir.Nov 1, 2018

As of November 1, 2018, Carsten Gleerup is registered as adm. dir. of SANDOZ A/S.

Alexander Krujatz steps down as adm. dir. of SANDOZ A/SNov 1, 2018

As of November 1, 2018, Alexander Krujatz has stepped down as adm. dir. of SANDOZ A/S.

Francesco Balestrieri joins the board of SANDOZ A/SOct 31, 2018

As of October 31, 2018, Francesco Balestrieri has joined the board of directors of SANDOZ A/S.

Pierluigi Antonelli leaves the board of SANDOZ A/SOct 31, 2018

As of October 31, 2018, Pierluigi Antonelli has left the board of directors of SANDOZ A/S.

SANDOZ A/S: The 2017 annual report is outJun 1, 2018

SANDOZ A/S has published its annual report for 2017. Revenue came to DKK 1,487,193,417, and the net result was DKK 5,157,608.

2017
SANDOZ A/S: The 2016 annual report is outJun 1, 2017

SANDOZ A/S has published its annual report for 2016. Revenue came to DKK 1,424,078,493, and the net result was DKK 38,536,161.

2016
SANDOZ A/S: The 2015 annual report is outMay 30, 2016

SANDOZ A/S has published its annual report for 2015. Revenue came to DKK 1,367,582,873, and the net result was DKK 13,376,910.

2015
Knut Ulrich Mager joins the board of SANDOZ A/SNov 30, 2015

As of November 30, 2015, Knut Ulrich Mager has joined the board of directors of SANDOZ A/S.

Sue Ann Webb leaves the board of SANDOZ A/SNov 30, 2015

As of November 30, 2015, Sue Ann Webb has left the board of directors of SANDOZ A/S.

Pierluigi Antonelli joins the board of SANDOZ A/SAug 31, 2015

As of August 31, 2015, Pierluigi Antonelli has joined the board of directors of SANDOZ A/S.

Nicholas Robert Haggar leaves the board of SANDOZ A/SAug 31, 2015

As of August 31, 2015, Nicholas Robert Haggar has left the board of directors of SANDOZ A/S.

SANDOZ A/S: The 2014 annual report is outMay 29, 2015

SANDOZ A/S has published its annual report for 2014. Revenue came to DKK 1,188,656,586, and the net result was DKK 20,622,983.

Alexander Krujatz joins SANDOZ A/S as adm. dir.May 11, 2015

As of May 11, 2015, Alexander Krujatz is registered as adm. dir. of SANDOZ A/S.

Rex Bernard Clements steps down as adm. dir. of SANDOZ A/SMay 11, 2015

As of May 11, 2015, Rex Bernard Clements has stepped down as adm. dir. of SANDOZ A/S.

2014
SANDOZ A/S: The 2013 annual report is outMay 29, 2014

SANDOZ A/S has published its annual report for 2013. Revenue came to DKK 1,067,413,440, and the net result was DKK 25,209,040.

Rex Bernard Clements joins SANDOZ A/S as adm. dir.Jan 6, 2014

As of January 6, 2014, Rex Bernard Clements is registered as adm. dir. of SANDOZ A/S.

Paul Geymayer steps down as adm. dir. of SANDOZ A/SJan 6, 2014

As of January 6, 2014, Paul Geymayer has stepped down as adm. dir. of SANDOZ A/S.

2013
SANDOZ A/S: The 2012 annual report is outMay 29, 2013

SANDOZ A/S has published its annual report for 2012.

2012
Paul Geymayer joins SANDOZ A/S as adm. dir.Nov 5, 2012

As of November 5, 2012, Paul Geymayer is registered as adm. dir. of SANDOZ A/S.

Ken Rasmussen steps down as director of SANDOZ A/SNov 5, 2012

As of November 5, 2012, Ken Rasmussen has stepped down as director of SANDOZ A/S.

Sue Ann Webb joins the board of SANDOZ A/SJul 30, 2012

As of July 30, 2012, Sue Ann Webb has joined the board of directors of SANDOZ A/S.

Jean-Claude Dubos leaves the board of SANDOZ A/SJul 30, 2012

As of July 30, 2012, Jean-Claude Dubos has left the board of directors of SANDOZ A/S.

2011
SANDOZ A/S appoints new auditorJul 1, 2011

As of July 1, 2011, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of SANDOZ A/S.

Auditor steps down at SANDOZ A/SJul 1, 2011

As of July 1, 2011, A/S PSE NR. 4820 has stepped down as auditor of SANDOZ A/S.

Niklas Olof Karlberg joins the board of SANDOZ A/SJun 21, 2011

As of June 21, 2011, Niklas Olof Karlberg has joined the board of directors of SANDOZ A/S.

Ken Rasmussen leaves the board of SANDOZ A/SJun 21, 2011

As of June 21, 2011, Ken Rasmussen has left the board of directors of SANDOZ A/S.

Thomas Weigold leaves the board of SANDOZ A/SJun 21, 2011

As of June 21, 2011, Thomas Weigold has left the board of directors of SANDOZ A/S.

Nicholas Robert Haggar joins the board of SANDOZ A/SJan 3, 2011

As of January 3, 2011, Nicholas Robert Haggar has joined the board of directors of SANDOZ A/S.

2010
Eric Gorka leaves the board of SANDOZ A/SDec 31, 2010

As of December 31, 2010, Eric Gorka has left the board of directors of SANDOZ A/S.

2009
Ken Rasmussen joins SANDOZ A/S as directorMay 20, 2009

As of May 20, 2009, Ken Rasmussen is registered as director of SANDOZ A/S.

Olof Johannes Milveden steps down as director of SANDOZ A/SMay 20, 2009

As of May 20, 2009, Olof Johannes Milveden has stepped down as director of SANDOZ A/S.

Ken Rasmussen joins the board of SANDOZ A/SMar 30, 2009

As of March 30, 2009, Ken Rasmussen has joined the board of directors of SANDOZ A/S.

Eric Gorka joins the board of SANDOZ A/SMar 30, 2009

As of March 30, 2009, Eric Gorka has joined the board of directors of SANDOZ A/S.

Thomas Weigold joins the board of SANDOZ A/SMar 30, 2009

As of March 30, 2009, Thomas Weigold has joined the board of directors of SANDOZ A/S.

2007
Olof Johannes Milveden joins SANDOZ A/S as directorOct 30, 2007

As of October 30, 2007, Olof Johannes Milveden is registered as director of SANDOZ A/S.

Håkan Josephson steps down as director of SANDOZ A/SOct 30, 2007

As of October 30, 2007, Håkan Josephson has stepped down as director of SANDOZ A/S.

Håkan Josephson joins SANDOZ A/S as directorApr 20, 2007

As of April 20, 2007, Håkan Josephson is registered as director of SANDOZ A/S.

Jens Piilgaard Nielsen steps down as director of SANDOZ A/SApr 20, 2007

As of April 20, 2007, Jens Piilgaard Nielsen has stepped down as director of SANDOZ A/S.

2006
Hari Sven Venkita Ayer Krishnan leaves the board of SANDOZ A/SMar 14, 2006

As of March 14, 2006, Hari Sven Venkita Ayer Krishnan has left the board of directors of SANDOZ A/S.

Christopher Lewis Kaplan leaves the board of SANDOZ A/SMar 14, 2006

As of March 14, 2006, Christopher Lewis Kaplan has left the board of directors of SANDOZ A/S.

Andreas Strüngmann leaves the board of SANDOZ A/SMar 14, 2006

As of March 14, 2006, Andreas Strüngmann has left the board of directors of SANDOZ A/S.

2005
Hari Sven Venkita Ayer Krishnan joins the board of SANDOZ A/SNov 2, 2005

As of November 2, 2005, Hari Sven Venkita Ayer Krishnan has joined the board of directors of SANDOZ A/S.

Andreas Strüngmann joins the board of SANDOZ A/SNov 2, 2005

As of November 2, 2005, Andreas Strüngmann has joined the board of directors of SANDOZ A/S.

Hubert Hirzinger leaves the board of SANDOZ A/SNov 2, 2005

As of November 2, 2005, Hubert Hirzinger has left the board of directors of SANDOZ A/S.

Hari Sven Venkita Ayer Krishnan leaves the board of SANDOZ A/SNov 2, 2005

As of November 2, 2005, Hari Sven Venkita Ayer Krishnan has left the board of directors of SANDOZ A/S.

SANDOZ A/S appoints new auditorJun 30, 2005

As of June 30, 2005, A/S PSE NR. 4820 has been appointed auditor of SANDOZ A/S.

Auditor steps down at SANDOZ A/SJun 30, 2005

As of June 30, 2005, Pricewaterhouse Coopers has stepped down as auditor of SANDOZ A/S.

Hari Sven Venkita Ayer Krishnan joins the board of SANDOZ A/SMay 25, 2005

As of May 25, 2005, Hari Sven Venkita Ayer Krishnan has joined the board of directors of SANDOZ A/S.

Christopher Lewis Kaplan joins the board of SANDOZ A/SMay 25, 2005

As of May 25, 2005, Christopher Lewis Kaplan has joined the board of directors of SANDOZ A/S.

Alexander David Hardy leaves the board of SANDOZ A/SMay 25, 2005

As of May 25, 2005, Alexander David Hardy has left the board of directors of SANDOZ A/S.

Jan Oluf Eriksson leaves the board of SANDOZ A/SMay 25, 2005

As of May 25, 2005, Jan Oluf Eriksson has left the board of directors of SANDOZ A/S.

2004
DURASCAN MEDICAL PRODUCTS A/S changes name to SANDOZ A/SOct 11, 2004

On October 11, 2004, the company changed its name from DURASCAN MEDICAL PRODUCTS A/S to SANDOZ A/S.

SANDOZ A/S appoints new auditorJun 30, 2004

As of June 30, 2004, Pricewaterhouse Coopers has been appointed auditor of SANDOZ A/S.

Auditor steps down at SANDOZ A/SJun 30, 2004

As of June 30, 2004, CJ Partnership I/S has stepped down as auditor of SANDOZ A/S.

Alexander David Hardy joins the board of SANDOZ A/SJun 30, 2004

As of June 30, 2004, Alexander David Hardy has joined the board of directors of SANDOZ A/S.

Jan Oluf Eriksson joins the board of SANDOZ A/SJun 30, 2004

As of June 30, 2004, Jan Oluf Eriksson has joined the board of directors of SANDOZ A/S.

Jean-Claude Dubos joins the board of SANDOZ A/SJun 30, 2004

As of June 30, 2004, Jean-Claude Dubos has joined the board of directors of SANDOZ A/S.

Hubert Hirzinger joins the board of SANDOZ A/SJun 30, 2004

As of June 30, 2004, Hubert Hirzinger has joined the board of directors of SANDOZ A/S.

Lone Aagaard leaves the board of SANDOZ A/SJun 30, 2004

As of June 30, 2004, Lone Aagaard has left the board of directors of SANDOZ A/S.

Jens Piilgaard Nielsen leaves the board of SANDOZ A/SJun 30, 2004

As of June 30, 2004, Jens Piilgaard Nielsen has left the board of directors of SANDOZ A/S.

Carit Jacques Andersen leaves the board of SANDOZ A/SJun 30, 2004

As of June 30, 2004, Carit Jacques Andersen has left the board of directors of SANDOZ A/S.

Lone Aagaard joins the board of SANDOZ A/SJun 23, 2004

As of June 23, 2004, Lone Aagaard has joined the board of directors of SANDOZ A/S.

SANDOZ A/S appoints new auditorMay 17, 2004

As of May 17, 2004, CJ Partnership I/S has been appointed auditor of SANDOZ A/S.

Jens Piilgaard Nielsen joins the board of SANDOZ A/SMay 17, 2004

As of May 17, 2004, Jens Piilgaard Nielsen has joined the board of directors of SANDOZ A/S.

Carit Jacques Andersen joins the board of SANDOZ A/SMay 17, 2004

As of May 17, 2004, Carit Jacques Andersen has joined the board of directors of SANDOZ A/S.

Jens Piilgaard Nielsen joins SANDOZ A/S as directorMay 17, 2004

As of May 17, 2004, Jens Piilgaard Nielsen is registered as director of SANDOZ A/S.

SANDOZ A/S is foundedMay 17, 2004

SANDOZ A/S was founded on May 17, 2004.

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