Sanofi invests €170 million in new vaccine production

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
169
Sanofi invests €170 million in new vaccine production facility in France

Sanofi invests €170 million in new vaccine production facility in France

- Expansion at Val de Reuil reinforces the company's position as a global leader in seasonal flu vaccines -

Paris, France - October 12, 2017 - Sanofi is investing €170 million to expand a vaccine manufacturing site in Val de Reuil, France. The expansion further strengthens Sanofi's position as one of the world's leading seasonal flu vaccine providers.

The new facility will allow Sanofi Pasteur, the Vaccines global business unit of Sanofi, to expand supply of VaxigripTetra ® to up to 70 countries in six continents. The new quadrivalent influenza vaccine contains two A strains and two B strains of influenza virus, as per World Health Organization recommendation.

"Influenza continues be a major public health problem around the world, causing serious complications, hospitalizations and deaths, mostly for certain high-risk individuals," said David Loew, Executive Vice President, Sanofi, and Head of Sanofi Pasteur. "As a global leader in flu vaccines, this expansion reinforces Sanofi Pasteur's ability to tackle this underestimated health challenge."

" This project brings together the expertise of our people with our leading industrial know-how and illustrates our commitment to manufacturing excellence solutions ," said Philippe Luscan, Executive Vice President, Global Industrial Affairs, Sanofi. "Our investment underlines Sanofi's intent to strengthen our industrial capacities in France as a major centre of influenza vaccines production for worldwide markets."

The new Val de Reuil facility will  be the only site of its kind in France and Sanofi Pasteur remains the sole influenza vaccine producer in the country.  

This investment is one of several major capital expenditures Sanofi has made in recent years to improve and expand its vaccine production capacities across France, the United States and Mexico.

Sanofi plans to complete the expansion by 2021, subject to relevant health authority approvals, and will begin producing vaccines in this new facility in 2022. 

About the Val de Reuil Manufacturing Site The Val de Reuil manufacturing site is among world leaders in influenza vaccine production. It was founded in 1973 in the Normandy Region of France, 100 km northwest of Paris. It covers all the steps involved in manufacturing a vaccine: antigen production, formulation, stages of pharmaceutical preparation (filling, inspection and packaging) and quality control. The site also includes Sanofi Pasteur's global vaccine distribution center and ships around 900 million vaccine doses worldwide each year.

About VaxigripTetra® VaxigripTetra ® is a four-strain influenza vaccine, containing two A strains (A/H1N1 and A/H3N2) and two B strains (B/Victoria and B/Yamagata) of influenza virus, as per WHO recommendation. VaxigripTetra ® is indicated for adults and children from 3 years and older. It is a recent addition to Sanofi Pasteur portfolio of influenza vaccines. Vaxigrip Tetra ® is already available in 20 European markets and additional launches around the world are planned in the years ahead.

About Influenza Seasonal influenza or "Flu" is an acute viral infection caused by influenza viruses, spreading easily from person to person and circulating year-round worldwide. Seasonal influenza is characterized by a sudden onset of fever, cough (usually dry), headache, muscle and joint pain, severe malaise (feeling unwell), sore throat and a runny nose. The cough can be severe and can last 2 or more weeks. Most people recover from fever and other symptoms within a week without requiring medical attention. But influenza can cause severe illness or death especially in people at high risk. The highest risk of complications occur among pregnant women, children aged 6-59 months, the elderly, individuals with specific chronic medical conditions such as diabetes, HIV/AIDS, asthma, and chronic heart or lung diseases. [1]

According to the World Health Organization's (WHO) estimates, the influenza annual global attack rates are estimated at 5-10% in adults and 20-30% in children [2] . Worldwide, annual influenza epidemics result in three to five million cases of severe illness, and 250,000 to 500,000 deaths [3] .

About Sanofi Pasteur Sanofi Pasteur produces 200 million doses of vaccines against seasonal influenza each year on its four sites: Swiftwater (Pennsylvania, United States), Val de Reuil (France), Ocoyoacac (Mexico City, Mexico) and Shenzhen (China). Sanofi Pasteur's seasonal influenza vaccines are licensed and distributed in more than 150 countries. More than 3.5 billion doses of Sanofi Pasteur seasonal influenza vaccines have been distributed worldwide over the past 60 years.

About Sanofi Sanofi, a global healthcare leader, discovers, develops and distributes therapeutic solutions focused on patients' needs. Sanofi is organized into five global business units: Diabetes and Cardiovascular, General Medicines and Emerging Markets, Sanofi Genzyme, Sanofi Pasteur and Consumer Healthcare. Sanofi is listed in Paris (EURONEXT: SAN) and in New York (NYSE: SNY).

Sanofi Forward-Looking Statements This press release contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements are statements that are not historical facts. These statements include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words "expects", "anticipates", "believes", "intends", "estimates", "plans" and similar expressions. Although Sanofi's management believes that the expectations reflected in such forward-looking statements are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Sanofi, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. These risks and uncertainties include among other things, the uncertainties inherent in research and development, future clinical data and analysis, including post marketing, decisions by regulatory authorities, such as the FDA or the EMA, regarding whether and when to approve any drug, device or biological application that may be filed for any such product candidates as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of such product candidates, the absence of guarantee that the product candidates if approved will be commercially successful, the future approval and commercial success of therapeutic alternatives, Sanofi's ability to benefit from external growth opportunities and/or obtain regulatory clearances, risks associated with intellectual property and any related pending or future litigation and the ultimate outcome of such litigation, trends in exchange rates and prevailing interest rates, volatile economic conditions, the impact of cost containment initiatives and subsequent changes thereto, the average number of shares outstanding as well as those discussed or identified in the public filings with the SEC and the AMF made by Sanofi, including those listed under "Risk Factors" and "Cautionary Statement Regarding Forward-Looking Statements" in Sanofi's annual report on Form 20-F for the year ended December 31, 2016. Other than as required by applicable law, Sanofi does not undertake any obligation to update or revise any forward-looking information or statements.

Contacts:

Media Relations Laurence Bollack Tel. : +33 (0)1 53 77 46 46 mr@sanofi.com Investor Relations George Grofik Tel.: +33 (0)1 53 77 45 45 ir@sanofi.com

[1] WHO fact sheet dated Nov. 2016 - http://www.who.int/mediacentre/factsheets/fs211/en/

[2] WHO. Weekly epidemiological record - Vaccines against influenza WHO position paper, 87, No. 47 p461-476. November 23, 2012. Available at: http://www.who.int/wer/2012/wer8747/en/

[3] WHO Influenza Factsheet: Influenza (Seasonal). http://www.who.int/mediacentre/factsheets/fs211/en/

Attachments:

http://www.globenewswire.com/NewsRoom/Attachm...fe76aedab3

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Apacer Unveils Cutting-Edge Storage at Electronica 2026

Updated Category News Views 16

Forging New Paths in Storage Tech Technology waits for no one, and Apacer knows it better than most. At electronica 2026, they're not just tossing out buzzwords—they're backing up promises with cold hard innovations. It's like watching a seasoned chess player thinking ten moves ahead in the game that is techno-evolution. This year, they've hitched a ride on the AI,...

Continue Reading
Nevada Organic Phosphate Inches Closer to Major Discovery

Updated Category News Views 45

Another Step Forward at Murdock Mountain In the cutthroat world of mining exploration, hitting that sweet spot between expectation and reality is akin to finding gold. So, when Nevada Organic Phosphate Inc. (CSE: NOP, OTCQB: NOPFF) touts another solid intersection at their Murdock Mountain site, I figure it's worth a closer look. Drill Hole MM26-13, the latest contender,...

Continue Reading
One Stop Swap eyes school fundraising for growth

Updated Category News Views 147

Transforming Fundraising with a Marketplace Twist Sometimes the real treasures are not tucked in textbooks but found in cluttered closets and basements. Enter One Stop Swap with a big idea—they're cooking up a fundraising strategy for schools that could shake things up by helping families sell their unused stuff. It's got that grassroots vibe with the potential to carve...

Continue Reading
ZKH and Intel Launch Industrial AI Model at the Edge

Updated Category News Views 21

Industrial Revolution at the Edge Forget the horseless carriage; this time, we're talking about AI stepping onto the factory floor in China. ZKH Group Limited has spun a new yarn in MRO with its AI subsidiary, LingLong Intelligence, partnering up with tech giant Intel to launch the LingLong Insight 1.0. The venue was Intel Connection 2026 in Suzhou, China, where this...

Continue Reading
HashKey and RD Tech Partner for RDUSD Expansion

Updated Category News Views 217

A Partnership with Serious Implications Here's a fresh duo in the financial frontier—HashKey On-Chain and RD Technologies are teaming up in a bid to push the RDUSD stablecoin into the heart of cross-border trade and finance. And why does it matter? Well, in the wild west of digital finance, stablecoins are the solid ground, and these two are planting their flag. It's a...

Continue Reading
Lazard Closes Deal with Campbell, Launches Lazard CL

Updated Category News Views 20

Talk about pulling a rabbit out of the hat! Lazard has just solidified its position in the private capital advisory game with the closure of its acquisition of Campbell Lutyens. They’re now rolling out Lazard CL, merging muscle across different strategies and diversifying those good ol’ revenue streams. It’s a peppy move from Lazard—not just for the cold hard...

Continue Reading
Abbott's SonicForce Impresses in Crucial Clinical Trial

Updated Category News Views 270

Breaking Through Cardiac Barriers Never thought I'd see the day when we're literally sending shockwaves through the heart, but here we are. Abbott's makin' waves, quite literally, with its SonicForce™ Coronary Intravascular Lithotripsy (IVL) System. They’ve just dropped some promising 30-day outcomes from the TECTONIC study, which has grabbed the spotlight at the...

Continue Reading
Roof Flashing Insights with Expert Jeremiah Lightsey

Updated Category News Views 348

Why Flashing Is the Backbone of a Leak-Free Roof Ever wonder why some roofs just seem to withstand the wrath of Mother Nature better? The answer, my friends, often boils down to a little unsung hero: roof flashing. Our roof parts aren't exactly playing an even game; you've got chimneys, walls, skylights, just asking for trouble. That's where flashing steps in like an...

Continue Reading
Ensuring Flooring Stability: Acclimation's Key Role

Updated Category News Views 283

Dive into the World of Flooring Acclimation You ever hear about flooring acclimation? Sounds as riveting as watching paint dry, right? But Austin J. Messina from Salem, New Hampshire, is here to tell us it's the secret to flooring that doesn't buckle under pressure—literally. Messina's insights, splashed across the pages of HelloNation, delve deep into the nitty-gritty...

Continue Reading
2026 Rawlings Gold Glove Award Winners Announced

Updated Category News Views 156

Fielding Excellence on Display: The 2026 Rawlings Gold Glove Awards The Rawlings Gold Glove Awards have once again shone the spotlight on baseball's defensive maestros. Announced by Rawlings Sporting Goods Company, Inc., on November 1, 2026, this year's winners include 11 seasoned veterans and nine greenhorns who claimed their first-ever Gold Gloves. Unveiled during a...

Continue Reading

Top 5 Most Recently Viewed Articles

Insights into Indonesia's Economic Landscape for Credit Investors

Updated Category News Views 119

Understanding Indonesia's Market Dynamics This week, Gimme Credit unveiled a new Indonesia Country Report that delves into the recent fluctuations in the equity market and its potential ripple effects on foreign exchange and bond markets. The inquiry raises fundamental questions about whether these shifts could necessitate a higher risk premium for those investing in...

Continue Reading
Discover Why RTX Corporation is a Value Investor's Gem

Updated Category News Views 153

Understanding Value Investing For many investors, achieving success in the stock market revolves around identifying undervalued opportunities. Value investing is not only about finding stocks that are priced lower than their true worth, it's also about cultivating confidence in investment decisions. Resources such as Zacks Premium can significantly enrich this approach by...

Continue Reading
Current Market Trends for General Dynamics Corporation Stock

Updated Category News Views 106

Market Sentiment Surrounding General Dynamics Corp General Dynamics Corp (NYSE: GD) has seen a noticeable uptick in its short interest, increasing by 7.14% since the latest report. This change reflects a total of 2.51 million shares sold short, amounting to about 1.05% of the total shares available for trading. Based on the current trading volume, it would take...

Continue Reading
Power Integrations Announces CEO Balu Balakrishnan's Retirement

Updated Category News Views 311

Leading Change at Power Integrations Power Integrations, a prominent player in high-voltage integrated circuits for energy-efficient power conversion, has made a significant announcement regarding its leadership. Balu Balakrishnan, who has served as the company's CEO since 2002, is set to retire. This decision marks a pivotal moment for the company, as it prepares for a...

Continue Reading
Huhtamaki Secures Major Sustainability-Linked Credit Facility

Updated Category News Views 133

Huhtamaki Secures EUR 450 Million Revolving Credit Facility Huhtamaki Oyj has made a significant move towards enhancing its corporate sustainability by signing a EUR 450 million sustainability-linked revolving credit facility (RCF). This strategic financing agreement has a five-year maturity and is aimed at refinancing an earlier credit facility established in January...

Continue Reading