Sanofi’s billion euro investment in France

This move is part of a larger €3.5 billion program within the country. 

The investment will be allocated to facilities in Vitry-sur-Seine in Val de Marne, Le Trait in Seine-Maritime, and Lyon Gerland in the Rhône region. Its primary objective is to reduce France and the wider EU’s dependence on manufacturing capacity outside the region, thus enhancing supply chain security and resilience.

This initiative aligns with the EU’s concept of health sovereignty, which gained prominence in the aftermath of the COVID-19 pandemic. Health sovereignty focuses on reinforcing pharmaceutical systems and manufacturing capacities for vaccines and medical products, along with improving detection of threats and response mechanisms.

Sanofi’s investment program is expected to create over 500 jobs and bolster France’s ability to oversee the production of essential medicines comprehensively.

The company, as France’s largest pharmaceutical group, has previously committed €2.5 billion to ensure the maintenance of medicine and vaccine production within its domestic market amidst the pandemic. Over 60% of Sanofi’s global production takes place in the EU, with a mere 5% of active ingredients sourced from Asia, a stark contrast to the industry average of 80%.

Unprecedented industrial investments

The majority of the investment, approximately €1 billion, will be directed towards constructing a new facility in Vitry-sur-Seine, which will double the site’s capacity for producing monoclonal antibodies and other biologic drugs, creating 350 new jobs.

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