New insulin factory in Frankfurt: largest investment in Sanofi's history: The federal government, the state of Hesse, and the city of Frankfurt are ...
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A New Era in Airway Disease Management: Advance your skills in managing and treating airway diseases with expert-led insights and clinical best practices.
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Sanofi launches €2bn project in Germany to boost EU insulin security: French pharmaceutical giant Sanofi has begun construction of a €2-billion ($2 ...
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Pharmalittle: We’re reading about Sanofi settling an EU antitrust probe, ‘pharma bro’ Shkreli, and more
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Paid articlePaywallSanofi pays Regeneron up to $8B to expand immunology alliance: Regeneron will receive $1 billion upfront, with up to $7 billion more in milestones ...
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During Rheumatoid Arthritis Awareness Month, explore education designed to help clinicians move beyond reactive care and support better long-term outcomes with ... Show more
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Next shock for Novo Nordisk shareholders: This is why the stock is plummeting: Novo Nordisk lowers growth expectations and warns of patent expirations ...
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Adani Ports, Radico, KFin among 6 top stock ideas for Aug by Motilal Oswal: Motilal Oswal Wealth Management Research Desk recommends 2 stocks each from the ...
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Key FactsSanofi to Sell Majority of Opella to US Fund
Oct 21, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: lemonde.fr
Summary created with AI assistance · Source: lemonde.fr
- Sanofi has entered exclusive negotiations with US fund CD&R to sell a majority stake in its over-the-counter subsidiary Opella.
- Despite concerns over the sale of the Doliprane painkiller, Sanofi intends to sell 50% of Opella, with the French government investing €100 to €150 million as a minority shareholder.
- The transaction is valued at approximately €16 billion and is expected to be finalized by the second quarter of 2025.
- The French government has set conditions to ensure compliance regarding production and employment in France.