News: Sanofi Reorganization of Sectors $SNY

Sanofi plans to evolve its business with the creation of five, Global Business Units: General Medicines & Emerging Markets, Specialty Care, Diabetes & Cardiovascular, Sanofi Pasteur and Merial. This new structure will be implemented beginning in January 2016. The process of legal and social consultation will be followed as required.

“The new organization simplifies and focuses Sanofi to optimize growth,” said Olivier Brandicourt, Chief Executive Officer, Sanofi. “This is a necessary step for ensuring that Sanofi’s new medicines and vaccines continue to build on our heritage of providing innovative healthcare therapies.”

The General Medicines & Emerging Markets Global Business Unit will be led by Peter Guenter and will consist of Sanofi’s Established Products, Generics, Consumer Healthcare, and all pharmaceutical businesses in Emerging Markets.

View the full release here.