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Sanofi’s Kadmon Bolt-On Bolsters Its General Medicine Division

Deal Adds Transplant Pill Rezurock For Chronic Graft-Versus-Host Disease

Executive Summary

Sanofi’s $1.9bn cash purchase of Kadmon surprised many analysts, coming as a bolt-on for the French pharma’s general medicines transplant portfolio rather than its specialty care pipeline, but the overall view was that it made sense.

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