Sanofi to invest $690m at two French vaccines sites

Sanofi to invest $690m at two French vaccines sites
The announcement came as Sanofi officials hosted a visit of French president Emmanuel Macron at Sanofi’s Marcy-L’Etoile facility on Tuesday. (File/AFP)
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Updated 16 June 2020
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Sanofi to invest $690m at two French vaccines sites

Sanofi to invest $690m at two French vaccines sites
  • Investments will help enhance the capacities of the group’s sites at Marcy-L’Etoile and Neuville-sur-Saone

MARCY-L’ETOILE: French drugmaker Sanofi on Tuesday said it would invest 610 million euros ($679.4 million) at two of its French sites to turn them into a hub dedicated to research, development and production of vaccines.
Investments will help enhance the capacities of the group’s sites at Marcy-L’Etoile and Neuville-sur-Saone, central France.
The announcement came as Sanofi officials hosted a visit of French president Emmanuel Macron at Sanofi’s Marcy-L’Etoile facility on Tuesday.