UPDATE: Sanofi to restructure global business units

15 July 2015

French drug major Sanofi (Euronext: SAN) on Wednesday announced restructuring of its global business units in a bid to optimize the company’s growth potential.

The multinational pharma company said the global business will now comprise three more units to include General Medicines & Emerging Markets, Specialty Care, and Diabetes & Cardiovascular, effective January 1, 2016.

Sanofi’s chief executive Olivier Brandicourt said the restructuring simplifies and focuses the company and will help drive future growth.

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