Sanofi's Sale of Consumer Health Unit Sparks Political and Public Backlash in France

Sanofi's Sale of Consumer Health Unit Sparks Political and Public Backlash in France

1 minute read
Updated 12 hours ago

Concerns Over Sovereignty and Jobs

The proposed sale of 's controlling stake in its consumer health unit, Opella, to . investment fund has ignited fears of losing sovereignty over key medications and potential job losses in .

Critics, including politicians and unions, argue that the government's measures to protect jobs and production in France are insufficient, recalling drug shortages during the .

Government and Public Response

Economy Minister announced a trilateral agreement ensuring Opella's production, research, and workforce remain in France, with financial penalties for non-compliance.

Despite these assurances, public and political skepticism remains, with some lawmakers vowing close parliamentary surveillance and potential measures to block the sale if conditions aren't met.
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