Sanofi (France) Eyes Purchases Beyond India and China, CEO Says

Sanofi Chief Executive Officer Chris Viehbacher sees opportunities for deals in countries such as Vietnam and Colombia as France’s biggest drugmaker continues to target purchases and partnerships in developing nations. “Prices of assets haven’t come down,” leading Sanofi to scout for targets in countries beyond China and India where prices are more reasonable, Viehbacher said today in an interview at the World Economic Forum in Tianjin, China. “Places like Vietnam, Indonesia, places like Colombia have become extremely interesting in terms of growth,” the 52-year- old CEO said.

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