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Sanofi and Blackstone enter multimillion-euro partnership on bone marrow cancer drug

Blackstone is committing itself to help Sanofi’s drug, Sarclisa, reach the market in a subcutaneous formulation. A phase III study is slated to begin in a few months.

Photo: BENOIT TESSIER/REUTERS / X07241

Blackstone Life Sciences, which is part of the Blackstone group, has entered a collaboration with French pharmaceutical firm Sanofi, according to a joint press release.

Blackstone will invest EUR 300m with the aim of getting Sanofi’s drug Sarclisa, a treatment of the type of bone marrow cancer known as multiple myeloma, on the market in a subcutaneous formulation, meaning the drug is administered under the skin.

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