Sanofi to Buy Principia Biopharma in $3.4 Billion Deal

Record ID: 476279
  • Title: Sanofi to Buy Principia Biopharma in $3.4 Billion Deal
  • Date: 17th August 2020
  • Description:Aug.17 -- Sanofi has agreed to acquire Principia Biopharma Inc. in a $3.4 billion deal. The move comes as the French drug maker pivots toward innovative therapies to spur growth. The all-cash deal will see Sanofi taking full control of the U.S. autoimmune drug maker. Bloomberg’s James Paton reports on “Bloomberg Markets: European Open.”
  • Collection: Bloomberg
  • Genre:News
  • Producer:Bloomberg
  • Transmission Date:17/08/2020
  • Decade: 2020s
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