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Reuters
Reuters
Health

Sanofi to invest 610 millions euros at two French vaccines sites

French President Emmanuel Macron listens to a researcher as he visits an industrial development laboratory at French drugmaker's vaccine unit Sanofi Pasteur plant, in Marcy-l'Etoile, near Lyon, France June 16, 2020. Laurent Cipriani/Pool via REUTERS

French drugmaker Sanofi on Tuesday said it would invest 610 million euros ($679.4 million) at two of its French sites to turn them into a hub dedicated to research, development and production of vaccines.

Investments will help enhance the capacities of the group's sites at Marcy-L'Etoile and Neuville-sur-Saone, central France.

The announcement came as Sanofi officials hosted a visit of French president Emmanuel Macron at Sanofi's Marcy-L'Etoile facility on Tuesday.

(Reporting by Gonzalo Fuentes; Writing by Matthias Blamont; Editing by Sudip Kar-Gupta and Louise Heavens)

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