Sanofi to expand vaccine manufacturing site in Val de Reuil, France.
M2 PHARMA-October 12, 2017-Sanofi to expand vaccine manufacturing site in Val de Reuil, France
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French multinational pharma company Sanofi (EPA: SAN) is set to expand its vaccine manufacturing site in Val de Reuil, France, the company said on Thursday.
In a move expected to solidify its position as one of the world's leading seasonal flu vaccine providers, Sanofi will invest some EUR170m into the site to help it deliver VaxigripTetra to up to 70 countries in six continents.
The newly released quadrivalent influenza vaccine contains two A strains and two B strains of influenza virus, which the World Health Organisation recommends.
"Influenza continues be a major public health problem around the world, causing serious complications, hospitalisations and deaths, mostly for certain high-risk individuals," said David Loew, executive vice president of Sanofi and head of Sanofi Pasteur.
"As a global leader in flu vaccines, this expansion reinforces Sanofi Pasteur's ability to tackle this underestimated health challenge."
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|Date:||Oct 12, 2017|
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