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Sanofi In Midst Of ‘Very Competitive Process’ For Consumer Business

 
• By Tom Gallen

“The game is still totally open,” said Sanofi CFO François-Xavier Roger in response to questions about how the company intends to separate its Consumer Healthcare business. The comments came as Sanofi reported its Q2 results.

• Source: Shutterstock

Sanofi’s plan to offload Consumer Healthcare has sparked a “very competitive process” to determine the future ownership of the business, according to the French pharma firm’s CFO François-Xavier Roger.

Addressing analysts on Sanofi’s Q2 earnings call, Roger said that while the company had not yet determined which option to...

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