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Sanofi’s API Business Nears Listing On Euronext Paris

‘One-Stop Shop’ Can Work With Teva And Viatris

 
• By Dean Rudge

French giant Sanofi is potentially just days away from seeing its standalone Euroapi API business – in which it is set to hold a 30% stake – listed on the Euronext Paris bourse. Euroapi’s management has stressed that it “offering highly differentiated APIs, which require scale in production with efficient processes.”

Sanofi building
Sanofi announced the Euroapi unit in February 2020 • Source: Shutterstock

Sanofi’s standalone active pharmaceutical ingredient manufacturing business, Euroapi, has nudged closer to a proposed listing of its shares on the Euronext Paris bourse.

The French Autorité des Marchés Financiers has approved the listing prospectus prepared by the API manufacturer, lining up an expected...

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