China's Innovent Biologics secures over $300m investment from Sanofi

China's Innovent Biologics secures over $300m investment from Sanofi

Photo by RephiLe on Unsplash

Innovent Biologics Inc said on Friday that Paris-based Sanofi SA would invest HK$2.42 billion ($307.88 million) in the biopharmaceutical group to jointly develop two cancer drugs in China.