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Upgrades drug formulation capabilities and accelerates development of licensed programs in vaccines and potential to explore other therapeutic areas.
August 4, 2021
By: Kristin Brooks
Managing Editor, Contract Pharma
Sanofi has entered into a definitive agreement to acquire Translate Bio, a clinical-stage mRNA therapeutics company, in a transaction valued at approximately $3.2 billion. Subject to customary closing conditions, the acquisition is expected to be completed in 3Q021. In June 2018, Sanofi and Translate Bio entered a collaboration and exclusive license agreement to develop mRNA vaccines which was further expanded in 2020 to address current and future infectious diseases. There are two ongoing mR...
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