Recipharm to buy Sanofi contract business, plant

June 15, 2018

Swedish CDMO, Recipharm, has struck a deal with Sanofi to buy the French drugmaker’s contract inhalation drug business and plant in the U.K.

Sanofi's Holmes Chapel manufacturing facility is a leading contract manufacturing site in Europe and is home to a team of more than 450 specialist employees. All employees will automatically transfer to Recipharm.

Recipharm will pay about £45 million ($60.2 million) for the 125,000-square meter site near Manchester.

Read the press release