Sanofi Sells Global Rights To Rare Autoimmune Drug Enjaymo

Friday, 4 October 2024, 07:42

Sanofi sells the global rights to the rare autoimmune drug Enjaymo for $825M, a strategic move that enhances Recordati’s rare disease portfolio. With additional milestone payments set, the deal is projected to close by the end of 2024, changing the dynamics in the healthcare market.
Benzinga
Sanofi Sells Global Rights To Rare Autoimmune Drug Enjaymo

Recordati will acquire global rights to Enjaymo from Sanofi for $825M, significantly boosting its rare disease portfolio. This strategic acquisition highlights Recordati's commitment to expanding its offerings in the healthcare sector. The deal encompasses milestone payments that could yield further benefits, positioning both companies favorably within the biotech landscape. Expected closure of the transaction is set for the end of 2024.


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