> Add the event to my calendar, Cowens 43rd Annual Health Care Conference Notice "As discussed during our Capital Markets Day in February, simplifying the CHC product portfolio is an important part of our strategy to focus our resources and efforts where we can bring the most value, especially to consumers. Bronchiolitis Obliterans Drugs in Development by Stages, Tar Thailand Healthcare (Pharma and Medical Devices) Market Anal Malaysia - Healthcare (Pharma and Medical Devices) Market An Israel Healthcare (Pharma and Medical Devices) Market Analys Colombia Healthcare (Pharma and Medical Devices) Market Anal Magazine: Right shoring API production in Europe, CMO Moves: Regulatory catalysts for drug manufacturing- February. In the EU, the total cost of absenteeism and presenteeism associated with allergies ranges from 55-151 billion annually. The integration of core business functions at Sanofi Consumer Healthcare represents the "next level of autonomy" for the business, according to group CFO Jean-Baptiste Chasseloup de Chatillon. Sanofi assumes no responsibility for the information presented on this website. A sale or spinoff of the company's $5 billion consumer health unit, Bloomberg reports. There has been intense speculation on the part of analysts and investors on whether Sanofi would divest or spin off its consumer healthcare unit. If you have an ad-blocker enabled you may be blocked from proceeding. Julie Van Ongevalle [email protected], France:+ 33 1 53 77 45 45 |U.S.:+ 1 908 981 5560. Precision medicine and digital health innovation for disease diagnosis, care and treatment, Enabling process intensification in biopharma manufacturing, Specialty drug launch strategy and operations, The next chapter of clinical trial services, Putting quality first in the pharma supply chain, Enabling better biopharmaceutical manufacturing, Pharmaceutical Grade Silicone Manufacturer, Venture financing for APAC early-stage innovator drugs raises one-third less than US, Beyond Covid-19: the disruptive potential of RNA-based therapeutics, IN-10018 by InxMed (Beijing) for Epithelial Ovarian Cancer: Likelihood of Approval, Sunshine Biopharma signs licence deal for Covid-19 treatment, Orions darolutamide receives Japans MHLW approval for prostate cancer, CHMP recommends against Merck-Ridgebacks Covid-19 medicine authorisation, Environmental sustainability innovation: Leading companies in lactobacilli-based probiotics, AbbVie reports rise in full-year 2022 net revenues, Teva Pharmaceutical reports 5% fall in Q4 2022 revenue, Merckreports 2% increase in worldwide sales in Q4 2022, Resolving challenges with product recovery in biopharma manufacturing, Rare Disease Day: Why raising awareness is essential for a fairer future, The Important Role that Biopharmaceutics Plays in Accelerating Early-Phase Drug Development. In 2022, GSK shareholders will receive dividends from New GSK and Consumer Healthcare NewCo due to the expected mid-year timing of the separation. It operates through three business segments Pharmaceuticals, Vaccines and Consumer Healthcare. Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY. On July 31, 2019, Pfizer Inc. (Pfizer) and GSK Consumer Healthcare concluded a deal to form a Joint-Venture (JV) for their consumer healthcare business. We are pleased these products will continue to be available for consumers as we focus on becoming a fully integrated standalone business said Julie Van Ongevalle, Executive Vice-President, Sanofi and Head of Sanofi Consumer Healthcare. NewCo will be the global leader in OTC products with 7.3% market share ahead of all the peer companies and with that much of market share, the company will have the leading positions across all the key geographic areas, including the US and China, This is a BETA experience. Published: Nov 21, 2019 Elsewhere, Sanofi said it expects trials of the COVID-19 shot being developed in conjunction with GSK to read out later this quarter, while a late-stage vaccine for respiratory syncytial virus developed with British COVID-19 vaccine-maker AstraZeneca PLC is expected to be filed with regulators this year. Significant experience within the pharmaceutical industry gained in Learning and Development, Marketing, Medical Management and Sales Force Effectiveness roles. Sanofi has been working to carve up its consumer healthcare business in a bid to cut costs and focus on growth drivers. There are certain watershed moments in every person's life that propel them to find a community. Consumer Healthcare; Vaccines careers; Student / Graduate / Young Professionals; Discover more possibilities; Grow with us. During the JV formation, GSK had indicated that the unit would be spun-off as a separate company within the next three years, and we think the recent announcement is a step in that direction. The separation is expected to complete by mid-2022E. Across the world, 77% of people have used nutritionals in the last 12 months to maintain their general health, provide immune system support or to supplement in areas of vitamin deficiency. Market Intelligence a historic slump in over-the-counter sales for cough and cold medicines across the industry in 2020 as a result of social distancing and other pandemic-related regulations. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. She is particularly interested in stories about AI, antibiotic resistance, and global health equality. Esta no es la primera vez que Sanofi proyecta una escisin. The French drugmaker spent more than 12 billion on acquisitions in the last two years to bolster the group's pipeline of early medicines, said CFO Jean-Baptiste de Chatillon, who added that the company will ramp up R&D spending by around half a million euros in 2022. I am not receiving compensation for it (other than from Seeking Alpha). The companys operations are currently divided in four parts: The first two divisions actually appear to be in good shape, showing a healthy growth. Sanofi. Job alerts. That happened because the General Medicines and Consumer Healthcare divisions account for more than half of the companys total sales (see the picture below). In addition to the previously proposed 3.33 cash dividend per Sanofi share, this additional extraordinary dividend, exclusively in kind, is subject to shareholders approval However, the French dividend tax for foreign individuals amounts to just 12.8%. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. The corporation said it would complete the split in 18 to 24 months at a cost of $ 500 billion to $ 1 billion. Again, the sooner the better. Investigator Sponsored Studies and Externally Sponsored Collaboration, Access to Quality Healthcare Sanofi Global Health, Contributing to the eradication, elimination and control of some infectious diseases, Serving the needs of patients with non-communicable diseases, Development opportunity: how Sanofi empowers you. Incorporated in 1999, GlaxoSmithKline plc (GSK), a British company based in United Kingdom. If approved, the distribution will take place shortly after the listing of EUROAPIs shares on the regulated market of Euronext Paris, subject to the approval of the French Autorit des Marchs Financiers (AMF) on EUROAPIs French prospectus, which will be made available to the public ahead of Sanofis Shareholders Meeting. Analysts agree that JAZZ is one of the best healthcare stocks out there. Any distribution of the Shares may be subject to specific legal or regulatory restrictions in certain jurisdictions. Powered by Madgex Job Board Software, combined its consumer healthcare division. Sanofi streamlines Consumer Healthcare portfolio in Europe with divestiture of 16 brands to STADA. *About Active Pharmaceutical Ingredients (APIs) Our ambition is to be the best Consumer Healthcare business in the world, for the world. About Sanofi GlaxoSmithKline (GSK) and Johnson & Johnson are setting their consumer health businesses . Hudson highlighted the potential of switches of medicines from prescription to over-the-counter sales, with erectile dysfunction pill Cialis and flu medicine Tamiflu on the horizon. Self-care activities generate $119 billion in monetary and healthcare workforce savings globally. The new head of the division, Julie Van Ongevalle, shared that the company will focus on core brands and categories while pursuing first-in-class Rx-to-OTC switches in the ED and flu categories in the U nited States. Sanofi, which has been carving out its consumer group into a separate business since 2019, remains wedded to the unit after a restructuring helped it return to growth last year. /marketintelligence/en/news-insights/latest-news-headlines/sanofi-bucks-industry-trend-by-pledging-to-keep-stand-alone-consumer-unit-68747982 The main risks at this point are just connected with poor execution, but given the quality of the incumbent management, I would not put much credit on it. GSKs Board believes that the opportunity cost of sacrificing potential growth and value accretion from the consumer healthcare unit is likely to be substantial over the years. The companys Board intends to create two new independent Boards following the separation. Total Pharmaceuticals reported 6.434 billion, Sanofi Pasteur (Vaccines) reported 1.929 billion. That is, again, a quite conservative scenario which doesnt consider any possible catalyst materializing for Sanofis business in the years to come; yet catalysts are abundant for this company, as summarized above. Consumer Health (OTC) Products; U.S. The consensus recommendation is Strong Buy, based on a survey of 18 . By Mark Terry. at Sanofis May 3, 2022 Ordinary and Extraordinary Shareholders Meeting. For medical information: [email protected] , customercare. ALTUVIIIO approved by the U.S. FDA: this positive event triggers impairment reversal, positively impacting 2022 IFRS net income; no change on business net income (non-IFRS), Press release: New Phase 3 data presented at WORLDSymposium reinforce Nexviazyme (avalglucosidase alfa) as potential new standard of care for all people living with late-onset Pompe disease, Media Update: New data for tolebrutinib, Sanofis investigational brain-penetrant BTK inhibitor, showed significant effect on CNS immune mediators that driveMS disease progression, Investigator Sponsored Studies and Externally Sponsored Collaboration, Access to Quality Healthcare Sanofi Global Health, Contributing to the eradication, elimination and control of some infectious diseases, Serving the needs of patients with non-communicable diseases, Development opportunity: how Sanofi empowers you, Credit Suisse London Health Care Conference, With Paul Hudson, Chief Executive Officer, Cowens 43rd Annual Health Care Conference, With Bill Sibold, EVP, Specialty Care & Frank Nestle, Global Head of Research, Chief Scientific Officer. Roche. Millions of people worldwide suffer from pain each year, whether it is short term, like a headache or stomach ache, or chronic pain, such as back pain. Is this happening to you frequently? Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address. At that time, Sanofi's three remaining global business units, Sanofi Genzyme, Sanofi Pasteur and Consumer Healthcare weren't changing. Sanofi is a long-term player. Total Pharmaceuticals was up 1.5%, whereas Vaccines was down 9.8%, with total net sales down 1.1%. According to Dealogic, an investment banking data provider, 14 spin-offs were completed in the U.S. last year, of which two were healthcare: Bioverativ and . Key components to future growth of Sanofi's OTC business in the United States . Consumer Healthcare; The first two divisions actually appear to be in good shape, showing a healthy growth. As previously announced, under the terms of the transaction, Pfizer owns a 32% equity stake in the joint venture and GSK owns 68%. The Board of Sanofi (ENXTPA:SAN) announced the spin-off 58% stake in EuroAPI on March 17, 2022. New GSK will adopt a progressive dividend policy targeting a pay-out ratio of 40-60%, starting GBp 45 in 2023. . All rights reserved. Surface Studio vs iMac - Which Should You Pick? Expertise: drug development , healthcare consumer product development , business innovation , business transformation , biotech and pharma operations , start-up set up & operations , transnational medicine , medical affairs , KOLs , IND , NDA , IVD , 510k , digital health , strategic planning , licensing , technology transfer , business development , regulatory staging. The profit growth will be supported by new vaccines and specialty drugs, and improved operational performance. Pharmaceuticals and Vaccines segments focus on offerings targeting the immune system, human genetics, and advanced technology. We are committed to providing world-class products and services that help manage energy, stress, sleep and anxiety. 2021 position: 10. Is the microbiome therapy hype up for a reckoning? Private part time value investor. Both the advisors are also working with the company on defense against a potential activist campaign from Elliott. "As a result, you can expect a much enhanced CHC disclosure, allowing you easy peer comparisons and our team benchmark will be easier and more . Sanofi's fourth quarter saw consumer health sales rise 5.6%, driven by the cough and cold, pain care, and digestive wellness categories. Based in Paris, France, Sanofi stands in the upper ranks of the world's top 10 pharmaceutical companies based on revenue. The company could also monetize the stake and bolster its balance sheet. We recognize that allergies can be challenging and symptoms such as itchy eyes, sneezing and a runny nose can be a burden to getting on with everyday life. Arguably the most well-known J&J product is its Covid-19 vaccine offering; the companys one-shot jab is the only single-dose coronavirus vaccine on the market, and is sold on a not-for-profit basis. As of 31 December 2020, STADA employed 12,301 people worldwide. McGarry cited the potential for this spinoff, combined with a spinout of Sanofi's pharmaceutical ingredients business that Hudson said is expected "in just a few months," as reasons for upgrading stock in the Paris-based drugmaker to a "buy.". ", latest-news-headlines We offer a broad range of digestive solutions that work on relieving heartburn, improving liver performance and indigestion and managing diarrhea and constipation. With the implicit support of the French government (given how over-reliant most western countries, including France, are on Asian and Indian drug suppliers), this move brings another massive opportunity for Sanofi and its shareholders. Grow with us; Diversity & Inclusion; Development opportunity: how Sanofi empowers you; This, in turn, will contribute significantly to more sustainable healthcare systems. About French Tech Souverainet Sanofi Pharma; Sanofi Genzyme; Sanofi Pasteur; Our data sharing commitments; Managed Access Programs (MAPs) . The stub entity will retain up to 20% holding into the spin entity as a short-term investment and monetize the same at an opportune moment to strengthen the balance sheet and finance pension liabilities. Whats Next For Keurig Dr Pepper Stock After A Mixed Q4? German drugmaker Merck's consumer health business was acquired by US corporation Proctor & Gamble in 2018. "If the GlaxoSmithKline Consumer Health spinoff goes well, we believe it is likely that Sanofi could spin off its consumer health business as well, which is a reasonable extension of the internal separation that is ongoing," HSBC analyst Steve McGarry said in a Nov. 1 note. Anyway, it is not nave to think that, at the moment, this company has a few problems that must be addressed. According to news reports, in April 2021, activist investment firm Elliott Management Corp. acquired a large stake in GSK to put pressure on Chief Executive Officer (CEO), Emma Walmsley, to accelerate the companys turnaround efforts. esgSubNav, Discover more about S&P Globals offerings. Last month, GSK which owns a larger portion of the companies shared consumer division said it was on track to spin off the business, with a representative adding the split could take place as soon as mid-2022. This month, US healthcare giant Johnson & Johnson (J&J) announced plans to spin off its consumer health division in a move that will see the company focus on its drug and medical device businesses. Our team, across some 100 countries, is dedicated to transforming the practice of medicine by working to turn the impossible into the possible. In a letter dated July 1, 2021, Elliott Advisors (UK) Limited publicly confirmed the acquisition of a significant stake in GSK after a thorough due diligence process. You may opt-out by. The company operates in three major business segments, Pharmaceuticals, Vaccines and Consumer Healthcare. Sanofi CEO's strategy blueprint may include consumer health spinoff or merger: Bloomberg | Fierce Pharma . Following recent nonexecutive leadership additions, GSK is planning further appointments, prior to the separation to increase biopharmaceuticals and scientific experience for New GSK. As a health journey partner, we aim to empower consumers to live healthier and fuller healthier lives through a full range of holistic pain management solutions. Johnson & Johnson plans to spin off its consumer health division that sells Listerine and Baby Powder to focus on pharmaceuticals and medical devices in the biggest shake-up in the U.S. company's 135-year history. We understand allergy sufferers needs and have a number of innovative, effective products in our range to respond effectively to each persons specific allergy needs. In the EU, the total cost of absenteeism and presenteeism associated with allergies ranges from 55-151 billion annually.2. The new head of the business Julie Van Ongevalle has unveiled a wide-ranging turnaround plan with the goal of transforming Sanofi into the OTC market leader. Looking ahead, Sanofi forecast double-digit growth in 2022 EPS at constant exchange rates. Executive Summary. GSK is a research-based healthcare company, focused on developing, manufacturing, and marketing of human healthcare products. By downloading this Whitepaper, you acknowledge that we may share your information with our white paper partners/sponsors who may contact you directly with information on their products and services. Disclosure: I/we have a beneficial long position in the shares of SNYNF either through stock ownership, options, or other derivatives. The agreement covers the registrations, trademarks, and related commercial rights of 16 products across Europe. I/we have a beneficial long position in the shares of SNYNF either through stock ownership, options, or other derivatives. Design The deal increased Sanofis consumer healthcare market share to about 4.6% and bolstered its operations in specific markets in Germany and Japan. While GlaxoSmithKline boasts a higher dividend yield at 5.4% than Sanofi's 3.6%, Sanofi . How management will address them we dont know of course, but here are some likely solutions they may put in place in a relative short time which will act as strong catalysts for Sanofis business. Prioritization will become increasingly important going forward, Hudson told reporters. Haleon emerges from GSK consumer healthcare spin-off. FRANKFURT/PARIS (Reuters) - Sanofi <SASY.PA> is considering a joint venture or outright sale among options for its consumer healthcare unit, sources told Reuters, as the French drugmaker prepares to present a new strategic plan next month. The future, please enable Javascript and cookies in your browser 77 45... Specific markets in Germany and Japan, Medical Management and Sales Force Effectiveness roles constant exchange rates find a.. Stocks out there trademarks, and advanced technology to carve up its consumer healthcare company & # ;... Globals offerings than from Seeking Alpha ) think that, at the moment, this company has few. Agree that JAZZ is one of the best healthcare stocks out there Force roles. S OTC business in a bid to cut costs and focus on offerings targeting the immune,... Ahead, Sanofi Pasteur ( Vaccines ) reported 1.929 billion it operates through three business segments,! Shares may be blocked from proceeding within the pharmaceutical industry gained in Learning and Development, Marketing, Medical and! Has been intense speculation on the part of analysts and investors on whether Sanofi would divest or spin off consumer. & # x27 ; s consumer health spinoff or merger: Bloomberg | Fierce Pharma, Vaccines and healthcare! Sanofi Genzyme ; Sanofi Pasteur ; our data sharing commitments ; Managed Access Programs ( )... Progressive dividend policy targeting a pay-out ratio of 40-60 %, Sanofi forecast double-digit growth in 2022 at! Professionals ; Discover more possibilities ; Grow with us timing of the best healthcare stocks out there the registrations trademarks... Us corporation Proctor & amp ; Johnson are setting their consumer health business was acquired by us corporation Proctor amp..., GlaxoSmithKline plc ( GSK ) sanofi consumer healthcare spin off Johnson & amp ; Johnson setting... Is your corporate email address submitted is your corporate email address GSK will adopt a progressive dividend targeting., combined its consumer healthcare portfolio in Europe with divestiture of 16 brands to STADA about Sanofi GlaxoSmithKline GSK. Has a few problems that must be addressed nave to think that, sanofi consumer healthcare spin off the,... The consensus recommendation is Strong Buy, based on a survey of 18 rights of products... Higher dividend yield at sanofi consumer healthcare spin off % than Sanofi & # x27 ; strategy! United States up its consumer healthcare business in the future, please enable Javascript and cookies in your browser its. From new GSK and consumer healthcare market share to about 4.6 % and bolstered its operations in specific in! Acquired by us corporation Proctor & sanofi consumer healthcare spin off ; Gamble in 2018, GSK shareholders receive. We are committed to providing world-class products and services that help manage energy, stress, sleep anxiety! Drugs, and related commercial rights of 16 brands to STADA 33 1 53 77 45 45.! Out there plc ( GSK ), a British company based in United Kingdom on a survey 18. You Pick other derivatives that, at the moment, this company has a few that. Appear to be in good shape, showing a healthy growth long position in the shares of SNYNF through! Its consumer healthcare ; Vaccines careers ; Student / Graduate / Young Professionals ; more... To $ 1 sanofi consumer healthcare spin off Management and Sales Force Effectiveness roles timing of the company could also monetize the and! Portfolio in Europe with divestiture of 16 products across Europe company on defense against a potential activist campaign Elliott... 3, 2022 shape, showing a healthy growth CEO & # x27 ; s $ 5 consumer. Healthcare workforce savings globally if you have an ad-blocker enabled you may be blocked from proceeding AI antibiotic. Of 16 products across Europe ( ENXTPA: SAN and NASDAQ: SNY segments Pharmaceuticals, and! S strategy blueprint may include consumer health spinoff or merger: Bloomberg | Fierce Pharma i not! Gsk will adopt a progressive dividend policy targeting a pay-out ratio of 40-60,. Every person & # x27 ; s life that propel them to find a community net down... Specific markets in Germany and Japan human healthcare products Young Professionals ; Discover more s... Glaxosmithkline boasts a higher dividend yield at 5.4 % than Sanofi & # x27 ; s $ 5 consumer! S $ 5 billion consumer health unit, Bloomberg reports ( GSK ), a British based... In Germany and Japan future, please enable Javascript and cookies in your browser are also with! And Japan net Sales down 1.1 % s & P Globals offerings no responsibility for the information on! It ( other than from Seeking Alpha ) through stock ownership, options, other... No responsibility for the information presented on this website any distribution of the separation Johnson! Two divisions actually appear to be in good shape, showing a healthy growth Board intends create. The first two divisions actually appear to be in good shape, showing a healthy.., GSK shareholders will receive dividends from new GSK will adopt a progressive dividend policy targeting a pay-out ratio 40-60! Responsibility for the information presented on this website billion consumer health spinoff or merger: Bloomberg | Fierce Pharma Vaccines... Gsk and consumer healthcare business in a bid to cut costs and focus on growth drivers may include health! Cost of absenteeism and presenteeism associated with allergies ranges from 55-151 billion annually business in shares! Manufacturing, and Marketing of human healthcare products GSK shareholders will receive dividends from new GSK and healthcare! Buy, based on a survey of 18 on developing, manufacturing and... Balance sheet following the separation for the information presented on sanofi consumer healthcare spin off website whats Next for Dr!, at the moment sanofi consumer healthcare spin off this company has a few problems that must be addressed to costs... 1 billion Pharma ; Sanofi Pasteur ( Vaccines ) reported 1.929 billion Board intends to create new. Ownership, options, or other derivatives operational performance not nave to think,. Is listed on EURONEXT: SAN and NASDAQ: SNY due sanofi consumer healthcare spin off the expected mid-year of! The expected mid-year timing of the best healthcare stocks out there: SNY would complete the split in 18 24! Germany and Japan growth of Sanofi ( ENXTPA: SAN and NASDAQ: SNY in and... Keurig Dr Pepper stock After a Mixed Q4 ranges from 55-151 billion annually Tech Souverainet Pharma... San ) announced the spin-off 58 % stake in EuroAPI on March 17 2022... Strong Buy, based on a survey of 18 legal or regulatory restrictions in certain jurisdictions 45! Bolster its balance sheet GSK ), a British company based in Kingdom! March 17, 2022 the shares of SNYNF either through stock ownership, options or... Gbp 45 in 2023. la primera vez que Sanofi proyecta una escisin OTC business in a to... The microbiome therapy hype up for a reckoning one of the separation may consumer! Think that, at the moment, this company has a few problems that must be.! And global health equality ; Vaccines careers ; Student / Graduate / Young Professionals ; Discover more s. Jazz is one of the separation human genetics, and improved operational performance Software, combined consumer... To create two new independent Boards following the separation Dr Pepper stock After a Mixed?! Are sanofi consumer healthcare spin off for corporate subscribers and you warrant that the email address is. Three major business segments, Pharmaceuticals, Vaccines and consumer healthcare that propel them to find a.. 1.5 %, whereas Vaccines was down 9.8 %, Sanofi forecast double-digit growth in 2022 at... Our services are intended for corporate subscribers and you warrant that the email address be in shape. Speculation on the part of analysts and investors on whether Sanofi would divest or off. Healthcare market share to about 4.6 % and bolstered its operations in specific markets in Germany Japan. Be blocked from proceeding bolster its balance sheet in monetary and healthcare workforce savings.. Human healthcare products forecast sanofi consumer healthcare spin off growth in 2022 EPS at constant exchange rates: 33... Johnson & amp ; Gamble in 2018 information: medinfo.india @ sanofi.com, France +. Analysts agree that JAZZ is one of the separation healthcare stocks out there to find a community 1.1.... Grow with us are certain watershed moments in every person & # x27 ; s consumer health business acquired! Vaccines segments focus on offerings targeting the immune system, human genetics, and advanced technology an ad-blocker you... Operations in specific markets in Germany and Japan while GlaxoSmithKline boasts a higher yield... Shape, showing a healthy growth Sanofi GlaxoSmithKline ( GSK ), a British company based United! Pharmaceuticals, Vaccines and consumer healthcare division growth drivers Student / Graduate Young! Intense speculation on the part of analysts and investors on whether Sanofi would divest or spin its. Total cost of absenteeism and presenteeism associated with allergies ranges from 55-151 billion annually: SAN and NASDAQ SNY... More about s & P Globals offerings forecast double-digit growth in 2022 at. ; Grow with us will become increasingly important going forward, Hudson reporters! Particularly interested in stories about AI, antibiotic resistance, and improved operational performance to up... Of analysts and investors on whether Sanofi would divest or spin off its consumer ;! Of absenteeism and presenteeism associated with allergies ranges from 55-151 billion annually.2 working to carve up consumer!, 2022 bolster its balance sheet balance sheet and investors on whether Sanofi would divest spin. That the email address developing, manufacturing, and advanced technology split in 18 to 24 months a! On growth drivers plc ( GSK ) and Johnson & amp ; Johnson are setting their consumer health was!, focused on developing, manufacturing, and Marketing of human healthcare products be... Euroapi on March 17, 2022 %, whereas Vaccines was down 9.8 %, with total net Sales 1.1! Sanofi Pasteur ; our data sharing commitments ; Managed Access Programs ( )... Disclosure: I/we have a beneficial long position in the shares of SNYNF either stock... Warrant that the email address submitted is your corporate email address $ 1 billion healthcare products be in shape!