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Sanofi To Divest 60% Of Brands In Consumer Healthcare Overhaul

 
• By Tom Gallen

Sanofi will look to offload around 150 OTC brands as part of a radical overhaul of its Consumer Healthcare operation. The new head of the business Julie Van Ongevalle has unveiled a wide-ranging turnaround plan with the goal of transforming Sanofi into the OTC market leader.

Sanofi_France
• Source: Shutterstock

Sanofi will offload 60% of its current OTC portfolio as part of a radical shake-up of its Consumer Healthcare business to return the unit to growth.

Unveiling a wide-ranging turnaround plan at Sanofi’s capital markets day, Consumer Healthcare head Julie Van Ongevalle said her ambition was for the business to

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