Tag: $Sanofi

Sanofi in talks to sell 50% stake in consumer health business to CD&R

Sanofi has entered into talks to sell a controlling 50% stake in its consumer health business Opella to U.S. private equity firm Clayton Dubilier & Rice, the French pharmaceutical group said on Friday.

Novavax shares spike over 100% on Sanofi deal to commercialize Covid vaccine, develop combination shots

Novavax on Friday said it has signed a multibillion-dollar deal with French drugmaker Sanofi to co-commercialize the company’s Covid vaccine starting next year and develop combination shots targeting the coronavirus and the flu, among other efforts. 

Sanofi shares plunge after 2025 target dropped, consumer unit marked for spin-off

Oct 27 (Reuters) – Sanofi  shares tumbled more than 15% after the French drugmaker abandoned its 2025 profit target under a plan to list its consumer healthcare business, while boosting its development spending plans to shore up its core innovative drugs business.