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National  + Healthcare  | 

Sanofi Commits to Spending $20B in U.S. Through 2030

French pharmaceutical giant Sanofi said Wednesday it planned to invest at least $20 billion in the U.S. through 2030. The expected investment includes a significant increase in research and development spending and the allocation of billions of dollars to U.S. manufacturing. Reuters reported that the announcement follows similar commitments from Roche, Johnson & Johnson and Novartis following President Trump’s call for more onshore pharmaceutical manufacturing.

“Sanofi’s 13,000 U.S.-based employees are pioneering the research and development of first- and best-in-class medicines across numerous therapeutic areas,” said CEO Paul Hudson. “Our expected investments in the U.S. will be substantial and will help ensure the production of key medicines in the U.S.”

Sanofi said it would substantially increase spending in the U.S. on R&D to accelerate its science. The company also plans to expand its U.S. manufacturing capacity, both through direct investments in Sanofi sites and through partnerships with other domestic manufacturers, to help ensure the production of medicines in the U.S.

Photo courtesy of Sanofi.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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