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Pharmaceuticals
Sanofi to buy Kadmon and its newly approved transplant treatment
by Megha Satyanarayana
September 10, 2021
| A version of this story appeared in
Volume 99, Issue 33
Sanofi has agreed to buy Kadmon Holdings for $1.9 billion in cash. New York City–based Kadmon develops immuno-oncology therapies and drugs for fibrotic diseases. It makes the recently approved Rezurock (belumosudil), a small molecule that inhibits a protein implicated in graft-versus-host disease. Sanofi says the acquisition will bolster its general medicines portfolio, which includes two transplant-related therapies.
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