Financial News

Week In Review: Sanofi Acquires Kadmon, A US-China Pharma, For $1.9 Billion

France's Sanofi will acquire Kadmon Holdings​​ of New York City in a $1.9 billion deal. In 2019, Kadmon formed a JV with BioNova Pharma to develop its novel lead drug, Rezurock (belumosudil) in China.
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