Tag Archives: acquisitions

Sanofi Buys Principia for $ 3.7 billion. Both front runs.

Text size Sanofi is limiting its focus on drug development, stopping its diabetes and cardiovascular research. Joel Saget / AFP via Getty Images French pharmaceutical giant Sanofi is digging into the cash it raised earlier this year with the sale of its $ 11.7 billion stake in Regeneron Pharmaceuticals, the …

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Sanofi to buy Biotech Company Principia for $ 3.4 billion

Sanofi agrees to take over US biotech company Principia Biopharma Inc. for about $ 3.4 billion as the French drugmaker turns to innovative therapies to stimulate growth under new Chief Executive Officer Paul Hudson. The all-cash deal will see Sanofi take full control of the company, which focuses on treatments …

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