2024-10-17 09:21:00
DESCRIBED – “National sovereignty”, “economic patriotism”, “French flagship”, “American pension fund”… In this affair, all the big words have been thrown into the political debate.
It is a great classic of the French political scene: the sudden, violent – and most of the time brief – excitement around an industrial issue. Since last Friday, it is the prospect of the sale by Sanofi of the majority of the capital of its consumer medicines subsidiary Opella to the American investment fund CD&R that has sparked debates. On Monday, two ministers, Economy Minister Antoine Armand and Industry Minister Marc Ferracci, made an emergency trip to the Lisieux factory site. The issue mobilized nearly a quarter of questions to the government in the National Assembly on Tuesday. The Sanofi CFDT and CGT unions called a strike on Wednesday.
On this occasion, Sanofi wants to make the same change undertaken by other large pharmaceutical laboratories, such as Johnson & Johnson, which sell off their mature and non-prescription drugs to free up the necessary resources…
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