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SAN Sanofi

89.17
-1.07 (-1.19%)
17 May 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
  -1.07 -1.19% 89.17 89.15 89.35 90.41 89.06 90.10 1,837,248 16:40:00

Sanofi Plans to Spin Off Consumer-Healthcare Business

27/10/2023 7:07am

Dow Jones News


Sanofi (EU:SAN)
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By Adria Calatayud

 

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.

 

Write to Adria Calatayud at adria.calatayud@dowjones.com

 

(END) Dow Jones Newswires

October 27, 2023 01:52 ET (05:52 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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