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Sanofi to Acquire Translate Bio; Advances Deployment of mRNA Technology across Vaccines and Therapeutics Development


Sanofi to Acquire Translate Bio; Advances Deployment of mRNA Technology across Vaccines and Therapeutics Development
Accelerates development of current Sanofi licensed programs in vaccines and potential to explore other therapeutic areas
Fast tracks establishment of Sanofi’s recently announced 
mRNA Center of Excellence
Full integration upgrades drug formulation capabilities and enhances US talent in a promising new technology
PARIS and LEXINGTON, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) As part of Sanofi’s endeavor to accelerate the application of messenger RNA (mRNA) to develop therapeutics and vaccines, the company has entered into a definitive agreement with Translate Bio (NASDAQ: TBIO), a clinical-stage mRNA therapeutics company, under which Sanofi will acquire all outstanding shares of Translate Bio for $38.00 per share in cash, which represents a total equity value of approximately $3.2 billion (on a fully diluted basis). The Sanofi and T ....

France General , Eva Schaefer Jansen , Arnaud Delepine , Suzanne Greco , Felix Lauscher , Maura Gavaghan , Fara Berkowitz , Sanofi Pasteur , Ashleigh Koss , Paul Hudson , Nathalie Pham , Sandrine Guendoul , Teri Dahlman , Ronald Renaud , Exchange Commission , Wharton Garrison , Baupost Group , Health Partners , Gotshal Manges , Morgan Stanley Co , Rna Center , Translate Bio , Translate Bio Boards , Sanofi Chief Executive , Chief Executive Officer , Tidal Therapeutics ,