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Sanofi (France) (SAN.PA) Looking for China M&A to Increase Revenue


4/2/2013 10:41:52 AM

by Richard Daverman, PhD

April 1, 2013 -- Sanofi SA is actively seeking China M&A opportunities in the consumer healthcare and veterinary products sectors, according to the company’s CEO, Christopher Viehbacher, who was quoted in a Wall Street Journal article. The French big pharma wants to produce double-digit revenue growth in China during each of the next five years. Its China revenues were $1.3 billion last year, a 15% increase over the previous year. More details....

Stock Symbol: (NYSE: SNY)


Read at ChinaBio Today

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