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SNY Sanofi

49.34
-0.16 (-0.32%)
Pre Market
Last Updated: 12:27:21
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
  -0.16 -0.32% 49.34 49.32 49.35 626 12:27:21

Sanofi, UCB to Seek Anti-Inflammatory Small Molecules

11/03/2014 7:04am

Dow Jones News


Sanofi (NASDAQ:SNY)
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PARIS--French pharmaceutical company Sanofi SA (SAN.FR) and Belgium's UCB (UCB.BT) Tuesday agreed to jointly seek and develop new anti-inflammatory molecules to treat immune-mediated diseases in areas like gastroenterology and arthritis.

Sanofi and UCB will share costs and profits equally and UCB will be paid to for preclinical and clinical development that may surpass 100 million euros ($139 million).

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

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


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