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Sanofi looks to trim down with divestments

05:51 EDT 16 Apr 2018 | Pharmafile

Sanofi has begun part of a larger process of slimming down its business with the sales of 12 medicines.

It offloaded the drugs to Charterhouse Capital Partner’s Cooper-Vemedia for €158 million, with the products ranging across dermatology, eye-care and antiseptics.

The products are considered to be non-core products for Sanofi, mainly selling in France and Italy.

Sanofi revealed that it would be divesting of the assets and the sites currently manufacturing them would remain in its hands.

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