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>> SANOFI Latest News

MAY 09, 2016 - Yahoo! News

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Exclusive: Medivation succumbs to pressure to explore sale -sources

U.S. cancer drug maker Medivation Inc has decided to explore a sale following a $9.3 billion acquisition offer from France's Sanofi SA and interest from other companies, people familiar with the matter said on Monday. Pfizer Inc and Amgen Inc are among the companies that have signed non-disclosure agreements with Medivation, which allow them to obtain confidential information about the ...

Tags: Exclusive: Medivation succumbs to pressure to explore sale -sources,  Sanofi Latest News

MAY 06, 2016 - Yahoo! News

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Sanofi ready to up offer for drugmaker Medivation, could oust board

PARIS/NEW YORK (Reuters) - France's Sanofi said it could raise its proposed $9.3 billion deal to buy Medivation if the U.S. cancer drugmaker engaged in talks, threatening to go directly to shareholders to oust the board if not. Sanofi Chief Executive Olivier Brandicourt wrote in a letter to the board of Medivation published on Thursday that the transaction was a ...

Tags: Sanofi ready to up offer for drugmaker Medivation, could oust board,  Sanofi Latest News

MAY 06, 2016 - Yahoo! News

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Sanofi, Amgen cholesterol drugs win UK backing after price cuts

Two rival cholesterol-lowering injections from Sanofi and Amgen have been recommended by Britain's healthcare cost watchdog after the manufacturers offered special discounts to the country's state-run health service. Sanofi's Praluent, which was developed with Regeneron, and Amgen's Repatha are both so-called PCSK9 medicines that work in a different way to existing cholesterol fighters such as statins. The National Institute for ...

Tags: Sanofi, Amgen cholesterol drugs win UK backing after price cuts,  Sanofi Latest News

MAY 05, 2016 - Wall Street Journal

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Sanofi: Will Try to Oust Medivation Board Unless Deal Talks Start

Sanofi sent a letter to Medivation saying it would try to remove and replace members of the U.S. biotech firm’s board if it didn’t engage in takeover talks.

Tags: Sanofi: Will Try to Oust Medivation Board Unless Deal Talks Start,  Sanofi Latest News

MAY 05, 2016 - Washington Times

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Medivation: No to Sanofi's renewed press to take $9.3B offer

Medivation again rejected Sanofi's bid to acquire the biologic drugmaker for $9.3 billion, saying Thursday that it "substantially undervalues" Medivation and its prospects. The swift response came hours after Paris-based Sanofi, France's biggest drugmaker, threatened Medivation's board members with possible removal if they won't discuss a deal. Sanofi SA released ...

Tags: Medivation: No to Sanofi's renewed press to take $9.3B offer,  Sanofi Latest News