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https://i-invdn-com.investing.com/trkd-images/LYNXMPEHBK03N_L.jpg(Reuters) – Drugmaker Sanofi (NASDAQ:SNY) SA said on Tuesday it will buy Amunix Pharmaceuticals Inc for an upfront payment of about $1 billion.
Sanofi said it will also pay Amunix up to $225 million based on certain future development milestones.