Sanofi agrees to buy U.S. mRNA partner Translate Bio in $3.2 bln deal
The Hindu
Sanofi has agreed to buy U.S. biotech company Translate Bio in a $3.2 billion deal, as it bets on next-generation mRNA technology after setbacks in the COVID-19 vaccine race.Sanofi said it would acqui
Sanofi has agreed to buy U.S. biotech company Translate Bio in a $3.2 billion deal, as it bets on next-generation mRNA technology after setbacks in the COVID-19 vaccine race. Sanofi said it would acquire all outstanding shares of Translate Bio for $38.00 per share in cash, representing a total equity value of about $3.2 billion for Translate Bio. The boards of both companies have approved the deal, and the chief executive of Translate Bio and the U.S. company’s largest share holder have backed the takeover offer, Sanofi and Translate Bio said in a joint statement.
The Central Committee of the Communist Party of India (Marxist) on Friday pledged to mobilise people in resistance against the BJP-led Union government’s “anti-agricultural worker, anti-farmer, anti-worker, anti-people” laws and policies till they are all repealed, the party said on Friday. In a statement issued here, the CPI(M) said the members took the pledge following a three-day meeting held at Thiruvananthapuram.

Expressing the need for more number of socially responsive engineers and lawyers for furthering development of the country, Governor Thaawarchad Gehlot here on Friday lauded St. Aloysius institution for widening its service in the education sector by opening separate institutes for engineering and law











