‘Friendly Breakup’: Sanofi And Regeneron Agree Equity Revamp

Pair Say Stock Move Will Not Hurt Their Drug Development Pact

Sanofi to sell most of its Regeneron stake, with much of it being re-purchased by Regeneron, but both stressed the move would not hurt their long established and very profitable drug-development collaboration.

Sanofi selling Regeneron stake, Regeneron repurchasing $5bn of own shares. • Source: Shutterstock

More from Business

More from Scrip