Breaking News

Sanofi to Acquire Ablynx in $4.8B Deal

Gains nanobody technology supporting pipeline of more than 45 candidates for a wide range of therapeutics

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Sanofi has entered into a definitive agreement to acquire and Ablynx, a biopharma company focused on the discovery and development of Nanobodies, for approximately $4.8 billion. The transaction was approved by both boards of directors.   The acquisition is part of Sanofi’s innovation efforts focused on technologies addressing multiple disease targets with single multi-specific molecules.   Nanobodies are a new class of next-gen biologics. Ablynx’s nanobody technology supports an extens...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters