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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	French pharmaceutical group Sanofi said Monday it has finalised acquisition of US biotech firm Principia Biopharma for $3.7 billion. The operation, first announced in August, was aimed at boosting Sanofi's research and development into auto-immune and allergic diseases. Sanofi agreed to pay $100 per share in cash for Principia Biopharma, a company with which it has been cooperating since 2017. That year, Sanofi secured an exclusive global licence to develop and market Principia Biopharma BTK'168 drug for treating multiple sclerosis and other central nervous system illnesses. "The Principia acquisition further strengthens our core areas of auto-immune and allergic diseases," Sanofi chief executive Paul Hudson was quoted Monday as saying. Beyond diseases of the nervous system, Principia hopes to develop a entire portfolio of similar drugs that could target different organ systems in patients suffering from "immune-mediated" diseases, chief executive Martin Babler said last month. lem/wai/bp
schema:headline	Sanofi picks up Principia Biopharma for $3.7 billion
schema:mentions	Multiple sclerosis Central nervous system Autoimmunity USA Gymnastics Medication Glenn L. Martin Company France Hudson Motor Car Company Bruton's tyrosine kinase Sanofi
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-09-28 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	85 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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