Sanofi (SNY) to Acquire mRNA Specialist Translate Bio (TBIO) for $3.2 Billion
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Sanofi to Acquire Translate Bio; Advances Deployment of mRNA Technology across Vaccines and Therapeutics Development
August 3, 2021 1:00 AM EDT-- Accelerates development of current Sanofi licensed programs in vaccines and potential to explore other therapeutic areas --
-- Fast tracks establishment of Sanofis recently announced mRNA Center of Excellence --
-- Full integration upgrades drug formulation capabilities and enhances US talent in a promising new technology --
PARIS and LEXINGTON, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) -- As part of Sanofis endeavor to accelerate the application of messenger RNA (mRNA) to develop therapeutics and vaccines, the company has entered into a definitive agreement... More