Why Drug Companies Don’t Want to Sell Allergy Medicines and Bandages Anymore

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Sanofi plans to spin off division with brands such as Allegra, IcyHot and Aspercreme

‘We’ll be more agile and more focused in our areas of key areas of strength,’ said Sanofi’s Chief Executive Officer Paul Hudson.

French drug giant Sanofi said Friday it plans to spin off its consumer-health business, which includes well-known brands like allergy medicine Allegra and the pain treatments IcyHot and Aspercreme.This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

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