Sanofi pledges new 1 billion euros worth of investments in French production sites

By Thomson Reuters May 13, 2024 | 12:15 AM

PARIS (Reuters) – Sanofi on Monday announced it would invest over 1 billion euros ($1.1 billion) to create new medicines and vaccine production capacities at three of its French sites.

The announcement came ahead of this year’s “Choose France” event – an annual summit aimed at attracting foreign investment to France.

($1 = 0.9287 euros)

(Reporting by Tassilo Hummel; Editing by Sudip Kar-Gupta)