Sanofi Adds Consumer Brands, Grows Footprint With Boehringer Ingelheim Deal

BI international brands including Mucoangin cough suppressant and Dulcolax constipation treatment and US heartburn remedy Zantac would join Sanofi's consumer portfolio including US brands Allegra Allergy antihistamines and Nasacort Allergy 24HR nasal decongestant in the firm's proposed asset swap.

Sanofi shuffles the global consumer health care products deck, moving from the fifth spot to third in sales by adding Boehringer Ingelheim GMBH's consumer products brands in exchange for its animal health business, the French pharma says.

According to the agreement announced June 27, Sanofi also will receive €4.7bn ($5.2bn) from the German firm to reflect the difference in value of the two businesses – €6.7bn ($7.4bn) for its Merial subsidiary and €11.4 ($12

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