Tag: SAN.FR

Sanofi Plans to Spin Off Consumer-Healthcare Business
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Sanofi Plans to Spin Off Consumer-Healthcare Business

Sanofi said it plans to spin off its consumer-healthcare unit into a publicly listed entity, making it the latest pharmaceutical giant to sharpen its focus on prescription medicines by offloading adjacent businesses.The French company said Friday that the spinoff is part of a strategic update that includes increased investment in its pipeline and a cost-savings plan.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8