Wednesday, December 10, 2014 1:52:40 PM
Sanofi to continue diversification, eyes acquisitions. What could they acquire?
FRANKFURT Wed Dec 10, 2014 3:51am EST
Sanofi's new CEO will continue its strategy of diversifying beyond new drug development, possibly through acquisitions, the French drugmaker's interim chief executive said.
"We want to have businesses like consumer healthcare, veterinary medicine and vaccines that are less strongly driven by innovation but grow continuously and are more stable," German daily Handelsblatt quoted Serge Weinberg as saying in an interview published on Wednesday.
He said if there were opportunities, Sanofi would be "prepared and able" to make acquisitions in those areas, without being more specific.
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What could Sanofi acquire? Hmmm have to to think LONG and hard about that! I will get back to you SHORTLY on what that Acquistion might be
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Think about the investment SNY made in REGN or ALNY. Makes me all warm and fuzzy thinking about what the future might bring for shareholders.
http://www.reuters.com/article/2014/12/10/us-sanofi-sa-strategy-idUSKBN0JO0P620141210
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