Sanofi Has The Fire Power For Deals, CEO Hudson Says

The company is looking at deals in the $2bn to $5bn range, CEO Paul Hudson told investors, but premiums for assets are high and Sanofi is looking at earlier-stage opportunities as a result.

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Sanofi is looking to follow up on the $2.5bn acquisition of immuno-oncology drug developer Synthorx Inc. with other business development opportunities in the $2bn-$5bn range, CEO Paul Hudson told investors during a capital markets day on 10 December.

The Synthorx deal was revealed the day before and adds a mid-stage interleukin-2 candidate to Sanofi’s pipeline. (Also see "

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