July 6, 2024
Investment

Sanofi eyes €1.3 billion investment in insulin drug plant in Germany

Other healthcare companies such as Daiichi Sankyo have also announced investments in Germany recently, in a positive sign for the ruling coalition government. ADVERTISEMENT French pharmaceutical giant Sanofi could potentially invest somewhere between €1.3 billion and €1.5 billion in its Frankfurt manufacturing site making the insulin brand, Lantus, according to German newspaper Handelsblatt and Reuters. 

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