(AOF) – “On April 1, we successfully finalized the acquisition of Sasaeah,” announces Virbac. The animal health specialist emphasizes that this acquisition announced on March 6 will bring it “a leading position in the market for vaccines for farmed animals in Japan, particularly in the cattle segment, and a broad portfolio of pharmaceutical products for all the main species. Virbac will benefit from Sasaeah’s production sites in Japan and Vietnam, its R&D capabilities as well as more than 500 employees.
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Oncology, priority of pharmaceutical giants
Sanofi’s stock market disappointment recorded at the end of October 2023 underlines the new direction for the group, which has now set oncology as its number 1 priority. Efforts in this segment, where therapies are advancing the fastest, notably involve investments in R&D which weigh on profitability. Sanofi therefore announced a drop in its earnings per share in 2024 and the abandonment of its objective of an operating margin of 32% in 2025. Merck has just unveiled a new alliance. It will pay up to $22 billion to the Japanese group Daiichi Sankyo as part of a partnership on experimental cancer treatments. While some experts estimate that the United States represents nearly half of global oncology spending (drugs and treatments), or $196 billion in 2022, Chinese spending in this area has more than doubled in five years, going from 5 to 11.8 billion dollars.