December 20, 2012

Merial to Acquire Animal Health Division of Dosch Pharmaceuticals in India

 

Merial to Acquire Animal Health Division of Dosch Pharmaceuticals in India

Paris, France – December 20, 2012 – Merial, the Animal Health division of Sanofi (EURONEXT: SAN and NYSE: SNY), announced today that Sanofi has entered into a binding agreement to acquire the animal health division of the Indian company Dosch Pharmaceuticals Private Limited, creating a market entry for Merial in that country’s strategically important and growing animal health sector. The agreement is subject to regulatory approval and is expected to finalize sometime in the first half of 2013. Financial details were not disclosed.