(CercleFinance.com) – Sanofi Ventures announces that Sanofi has made an additional multi-year capital commitment, which will bring the capital of its evergreen investment fund to over $750 million.
The fund supports future Sanofi business development and merger and acquisition operations.
This capital increase will also strengthen Sanofi Ventures’ investment team and its global investment capabilities.
Paul Hudson, Chief Executive Officer, Sanofi said ‘As we continue to build a best-in-class development portfolio, we are investing in early-stage companies that, like us, are engaging in transformative scientific research and digital innovation.’
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