Announced
Financials
Sources
Tags
India
consumer healthcare
Health Care Services
Acquisition
Domestic
Majority
Demerger
Spin Off
Private
Pending
Friendly
Single Bidder
Synopsis
Sanofi India, a healthcare company, is set to demerge its consumer healthcare businesses. “This is a momentous opportunity as it will allow Sanofi to unlock and maximize its business potential in both pharmaceuticals and consumer healthcare, with the right assets, structure, and strategy. The pharmaceuticals business will focus on its long-term success factors, expanding its portfolio of life-changing treatments available in India, driving world-class scientific HCP engagement, and accelerating its digital transformation to improve the lives of patients in India. The proposed CHC entity will be a Fast-Moving Consumer Healthcare business which enables consumer-centric strategies, shapes the OTC environment, and focuses on best-in-class digital and ecommerce capabilities,” Rodolfo Hrosz, Sanofi India Managing Director.
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