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SNY Sanofi

49.00
-0.46 (-0.93%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Sanofi NASDAQ:SNY NASDAQ Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.46 -0.93% 49.00 42.19 50.80 49.595 48.97 49.48 1,113,911 05:00:11

Sanofi, Transgene to Build Joint Lab to Develop Anti Cancer Drugs

29/01/2014 7:29am

Dow Jones News


Sanofi (NASDAQ:SNY)
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From May 2019 to May 2024

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   By Inti Landauro 
 

PARIS--French pharmaceutical giant Sanofi SA (SAN.FR) said Wednesday that it will build a joint lab with partner Transgene SA (TNG.FR) to manufacture viral vectors such as MUC1, a drug developed by Transgene that targets cancer immunotherapy.

The lab will be located in Lyon and will cost EUR10 million over two years, with each company financing half the cost, Sanofi and Transgene said in a joint statement.

The two companies had announced a partnership in March last year.

Write to Inti Landauro at inti.landauro@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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