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Sanofi plans up to USD 1.6 billion investment in Germany: Handelsblatt
![Sanofi plans up to USD 1.6 billion investment in Germany: Handelsblatt Sanofi plans up to USD 1.6 billion investment in Germany: Handelsblatt](https://medicaldialogues.in/h-upload/2024/01/27/750x450_231047-sanofi-50.webp)
Frankfurt: French pharmaceutical company, Sanofi, is close to deciding on an investment ranging between 1.3 billion euros and 1.5 billion euros ($1.4-$1.6 billion) for its primary production facility in Frankfurt, Germany. This site manufactures the insulin brand Lantus, newspaper Handelsblatt reported on Monday.
Sanofi did not immediately respond to a request for comment, as per Reuters.
Read also: Sanofi names Audrey Duval Derveloy as Executive Vice President, Global Head of Corporate Affairs
Ruchika Sharma joined Medical Dialogue as an Desk Editor for the Business Section in 2019. She covers all the updates in the Pharmaceutical field, Policy, Insurance, Business Healthcare, Medical News, Health News, Pharma News, Healthcare and Investment. She has completed her B.Com from Delhi University and then pursued postgraduation in M.Com. She can be contacted at editorial@medicaldialogues.in Contact no. 011-43720751