04:41 AM EDT, 10/11/2024 (MT Newswires) -- Sanofi ( SNY ) said Friday it is in discussions with US private equity firm CD&R to sell a controlling 50% stake in its consumer health business Opella.

Opella has headquarters in France and employs over 11,000 people, with operations in 100 countries, the company said.

Sanofi ( SNY ) said Opella's independence aligns with the company's strategy "to focus on innovative medicines and vaccines."

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