Jan 28 - Lonza, the world's largest contract drug manufacturer, on Wednesday set 2026 targets for its contract development and manufacturing organization (CDMO) business, expecting sales growth of 11% to 12% at constant exchange rates and core profit margin expansion to above 32% of sales.

The Swiss company added it expected sales growth to be higher in the first half of 2026 than in the second half.

(Reporting by Bernadette Hogg and Orest Dovhan in Gdansk, editing by Milla Nissi-Prussak)