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Sanofi Consumer 'Very Complementary' To Pharma, Fits In Firm's 'Right Structure'

 
• By Malcolm Spicer

Sanofi wants to keep all its current businesses under the same roof, including consumer health, says CEO Olivier Brandicourt. "We think we have now the right structure," Brandicourt responds to question on whether Sanofi would follow other large pharmas in positioning consumer health or other divisions for separation.

Lyon France, 3 October 2017: White logo of the french multinational pharmaceutical company Sanofi on their glass office building in Lyon France

It's become common for pharma firms, with analysts agreeing, to see their consumer health divisions as not part of their core business, but as pieces to divest or spinoff. Not Sanofi, though.

The French firm plans to keep all its current businesses under the same roof, including consumer health, said CEO Olivier...

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