Sanofi acquisition highlights focus on oncology

Country

France

Sanofi SA’s decision to acquire the US synthetic biology company Synthorx Inc gives the French multinational new tools for expanding its oncology portfolio. Sanofi announced the takeover on 9 December, just a day before its new chief executive, Paul Hudson, briefed investors on the company’s R&D strategy going forward. This will focus on rare diseases, immunology and oncology, while discontinuing research in diabetes and cardiovascular medicine.