Sanofi’s immunology pipeline has suffered a couple of high-profile setbacks recently so the proposed acquisition of Blueprint Medicines Corp and Ayvakit, its already-approved therapy for advanced systemic mastocytosis (SM), should calm investors who may have been concerned by the riskier early-stage deals the French major has been pursuing.
Key Takeaways
- Sanofi's proposed $9.1bn acquisition of Blueprint looks like a sound bit of business given that Ayvakit is well on the road to blockbuster status.
The eye-catching deal, announced on 2 June, will see Sanofi pay $129.00 per share in cash, representing an equity value...
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