Sanofi Boosts Venture Arm with $625M Investment, Focusing on Rare Diseases and Neuroscience
Sanofi, the French pharmaceutical giant, has injected $625 million into its venture capital unit, Sanofi Ventures, signaling a strong commitment to early-stage biotechnology and digital health companies. This strategic move, announced on Wednesday, brings the total assets under management for Sanofi Ventures to an impressive $1.4 billion.