Sanofi has decided to invigorate its general medicines offering by buying Kadmon Holdings, Inc. for $1.9bn cash in a bolt-on exercise motivated primarily by the target’s recently US-approved oral transplant treatment for chronic graft-versus-host disease, and the therapy’s prospects for additional indications.
The agreed transaction, announced on 8 September, adds Rezurock (belumosudil) tablets for chronic graft-versus-host disease. The move should offer sales...








