FRANKFURT, Oct 25 (Reuters) - Sanofi's finance
chief on Friday said the company won't be affected by Novo
Nordisk's controlling shareholder's decision to
acquire contract drug manufacturer Catalent ( CTLT ), adding the
deal made sense for its rival.
"They desperately need capacity so it makes sense for them,"
Sanofi CFO Francois-Xavier Roger said in a media call after the
release of third-quarter results.
He added Novo paid a "very heavy price to get access to the
capacity", given very strong demand for weight-loss drugs.
Swiss drugmaker Roche on Wednesday joined peer Eli
Lilly ( LLY ) in voicing concern over the planned Catalent ( CTLT )
takeover, saying it could hit competition in the booming
weight-loss drug industry.