STADA to acquire a portfolio of consumer health brands of Sanofi.

STADA, a pharmaceutical company, agreed to acquire a portfolio of consumer health brands of Sanofi, a healthcare company. Financial terms were not disclosed. “We are pleased to continue our collaboration with Sanofi. This acquisition further strengthens STADA as a top-four player in Europe’s consumer healthcare market and supports our growth acceleration along our purpose of “Caring for People’s Health as a Trusted Partner,” Peter Goldschmidt, STADA CEO.