France’s Sanofi to buy US Translate Bio for $3.2 billion
PARIS: French pharmaceutical giant Sanofi on Tuesday unveiled a 3.2-billion-US dollar deal to acquire US biotech company Translate Bio in a move to accelerate development of next-generation mRNA (messenger ribonucleic acid) technology and catch up with its peers in the Covid-19 vaccine race. In a joint statement, Sanofi said it has entered into a definitive … Read more