Sanofi hopes to oust Medivation's board by August 1

June 8, 2016 11:37 AM

13 0

PARIS Sanofi (SASY.PA) said on Wednesday it aims to remove the board of takeover target Medivation (MDVN.O) by Aug. 1 at the latest.

The French drugmaker named eight candidates to replace the entire board of the cancer firm last month, stepping up pressure on the company which has rejected its $9.3 billion approach.

Also read: Retired Houston Ernst & Young partner elected to Norfolk Southern board

Read more

To category page

Loading...