Upfront payments by Sanofi in select acquisition and licensing deals 2019-2022
In March 2022, the French pharmaceutical group Sanofi paid some 150 million U.S. dollars upfront in the course of its licensing deal with American-based biotech company IGM Biosciences. Back in August 2020, the company also paid around 3.68 billion U.S. dollars upfront for its acquisition of biotech company Principia. This statistic illustrates the upfront payments made by Sanofi in select acquisition and licensing deals worldwide from December 2019 to March 2022.