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Sanofi forms consumer health JV with Minsheng Pharmaceutical

Executive Summary

Chinese consumer health care company Minsheng Pharmaceutical and Sanofi Aventis have agreed to form a JV in China that will be mainly focused on vitamins and mineral supplements. Financial terms were not disclosed, but Sanofi will hold a majority stake in the new entity.
Deal Industry
  • Pharmaceuticals
    • Nutraceuticals
    • OTC, Consumer
Deal Status
  • Final
Deal Type
  • Alliance
    • R+D and Marketing-Licensing
    • Joint Venture

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