Bloomberg Television
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Sanofi to Buy Principia Biopharma in $3.4 Billion Deal
Posted
August 17, 2020
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51,773
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August 17, 2020
51,773
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2:21Now PlayingAug.17 -- Sanofi has agreed to acquire Principia Biopharma Inc. in a $3.4 billion deal. The move comes as the French drug maker pivots toward innovative therapies to spur growth. The all-cash deal will see Sanofi taking full control of the U.S. autoimmune drug maker. Bloomberg’s James Paton reports on “Bloomberg Markets: European Open.”
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