French drugmaker Sanofi SA is buying more shares in U.S. biotech company Regeneron Pharmaceuticals Inc, its partner in the development of potential blockbuster treatments for cholesterol and rheumatoid arthritis.
Sanofi's plans, disclosed by the companies in separate statements on Monday, boosted both companies' shares.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
