Sanofi investment shows faith in Chinese innovation

7 April 2025

French pharma major Sanofi (Euronext: SAN) and investment firm Cathay Capital have launched a $275 million fund that will invest in clinical-stage drugs in China.

The Sanofi-Cathay Pharmaceutical Innovation Fund will invest in Chinese pharma companies to help them transition from drug R&D to commercialization and accelerate their access to global markets, Deal Street Asia reports.

According to Sanofi, it is part of a long-term commitment to supporting innovations that benefit the wellbeing of the Chinese population.

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