Sanofi SA is to acquire Kadmon Holdings Inc of the US for $1.9 billion, adding a recently Food and Drug Administration-approved treatment for chronic graft-versus-host disease (cGVHD) to its transplant portfolio. The acquisition, announced on 8 September, has been unanimously approved by the boards of both companies.
Sanofi’s transplant portfolio currently consists of Thymoglobulin (anti-thymocyte globulin), an antibody preparation that acts as a broad immunosuppressive and immunomodulating agent, and Mozobil (plerixafor), an haematopoietic stem cell mobiliser.