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SAN Sanofi

93.08
1.24 (1.35%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Sanofi EU:SAN Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.24 1.35% 93.08 92.10 93.20 93.18 91.92 91.97 2,031,482 16:40:00

Sanofi India Plans to Sell Pharmaceutical Manufacturing Site in India to Zentiva

11/09/2019 7:46am

Dow Jones News


Sanofi (EU:SAN)
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   By P.R.Venkat 
 

Sanofi India Ltd. (500674.BY) said it is planning to sell a pharmaceutical manufacturing facility in the western Indian state of Gujarat to Zentiva.

Sanofi India, a unit of France-based Sanofi S.A. (SAN.FR), is selling the Ankleshwar site for 2.62 billion Indian rupees ($36.4 million), the company said in a statement on Wednesday.

The Ankleshwar site has a chemistry and biotechnology development centre, and manufactures both intermediates and pharmaceutical formulations. Sanofi's Ankleshwar site manufactures more than six billion tablets annually that include painkiller brands like Combiflam.

 

Write to venkat.pr@wsj.com

 

(END) Dow Jones Newswires

September 11, 2019 02:31 ET (06:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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