Breaking News

Sanofi in Talks to Sell Generics Biz for $2.4B

Advent International enters into exclusive negotiations to acquire Zentiva, Sanofi's European generics business

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Advent International and Sanofi have entered into exclusive negotiations under which Advent would acquire Zentiva, Sanofi’s European generics business for approximately $2.4 billion.  Advent is a global investor, with over 25 years’ experience of investing in the healthcare sector. It has extensive experience of executing corporate carve-outs and will work collaboratively with Sanofi to form a new independent operation. Advent will support the Zentiva management team to invest in ...

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