Developer docs
API playgroundTry for free, no card

Search company profiles

Sanofi

Full company profile

uuid003cbcp

Namestring
Sanofi
Legal namestring
Sanofi India Limited
Company typeenum
Public
Founded yearint
1956
Descriptiontext

Sanofi India Limited (BSE: 500674, NSE: Sanofi) is a publicly listed pharmaceutical company incorporated in May 1956 as Hoechst Fedco Pharma Private Limited, renamed through successive corporate restructurings (Hoechst Pharmaceuticals, Hoechst India, Hoechst Marion Roussel, Aventis Pharma) to its current name. The company operates across four core therapeutic verticals: diabetes management, rare diseases, transplant medications, and preventive vaccines, distributing products in India through a direct medical representative network targeting hospitals, clinics, and healthcare professionals, while also exporting to developed and developing countries. In June 2024, the consumer healthcare business was demerged into a standalone entity, Sanofi Consumer Healthcare India Ltd, separating OTC brands (Allegra, Combiflam, Dulcoflex) from core pharma operations.

The company employs approximately 3,000 people across India, with its headquarters at Sanofi House in Powai, Mumbai, and a 250,000-square-foot Hyderabad innovation center (House of Dreams) housing 2,000+ employees as part of a Global Capability Centre expansion. In May 2026, Sanofi India launched AccelRare, an AI-driven pre-diagnosis tool that processes structured clinical and symptom data to identify 310 rare disease conditions in children with 88% accuracy; the tool was co-developed with 67 rare disease experts across 13 rare disease networks and has been approved as a Class A medical device in India, distributed free to pediatricians and general physicians.

Sanofi India is majority-controlled by France-based Sanofi and its 100% subsidiary Hoechst GmbH, which together hold 60.4% of paid-up share capital, with the remaining 39.6% publicly traded. FY2025 standalone net sales were Rs 1,837.40 crore (down 8.73% YoY) and net profit was Rs 326.70 crore (down 20.99% YoY); the company declared a final dividend of Rs 48 per share for FY2025 with a record date of April 22, 2026. Institutional activity around the stock includes Nippon India Mutual Fund acquiring an additional 1.14% stake in June 2026.

Short descriptiontext

Sanofi India Limited is a publicly listed pharmaceutical company (BSE: 500674) operating across diabetes, rare diseases, transplant, and vaccines, distributing products through medical representatives in India and to export markets while recently launching AccelRare, an AI-driven rare-disease pre-diagnosis tool.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersMumbai, India
HQ citystring
Mumbai
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
pharmaceutical products, diabetes therapies, rare disease treatments, vaccines, consumer healthcare
Industry3 codes
1Cold, Flu & Cough Remedies
CodeHLAIADABPrimaryYes
2Cold, Flu, Cough & Allergy Remedies (Decongestants, Antihistamines, Cough Syrups, Lozenges)
CodeCRADAMADPrimaryNo
3Digestive Health OTC (Antacids, Laxatives, Anti-diarrheals, Probiotics OTC)
CodeCRADAMAEPrimaryNo
NAICS code1 code
  • Pharmaceutical Preparation Manufacturing325412
SIC code1 code
  • Pharmaceutical Preparations2834
Product category
Pharmaceuticals
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Pharmaceutical Products
TypeOne Time License
Description

Sale of pharmaceutical products including diabetes therapies, rare disease treatments, and transplant medications. Products are distributed in India and exported to many developed as well as developing countries.

sanofi.com
2Vaccines
TypeOne Time License
Description

Preventive healthcare through vaccine products offered in India.

sanofi.com
3Consumer Healthcare Products
TypeOne Time License
Description

Consumer healthcare business (demerged into Sanofi Consumer Healthcare India Ltd in June 2024) includes products like Allegra Suspension, Combiflam Suspension, and Dulcoflex. Revenue from Q1 showed Rs 229 crore with 32.8% growth.

fortuneindia.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 record
1AccelRare
Description

AI-driven pre-diagnosis tool that helps medical practitioners identify rare diseases in children, covering 310 conditions with 88% accuracy. Approved as a Class A medical device in India.

sanofi.com
Core offering1 text field

Sanofi India Limited manufactures and distributes pharmaceutical therapies (diabetes, rare diseases, transplant), preventive vaccines, and specialty care products across India with parallel exports to developed and developing countries. A demerged consumer healthcare business (Sanofi Consumer Healthcare India Ltd) markets OTC products such as Dulcoflex, Allegra Suspension, and Combiflam Suspension. Sanofi's newest standalone offering is AccelRare, a free AI-driven web-based pre-diagnosis tool for 310 rare diseases, approved as a Class A medical device in India.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 88% accuracy in identifying 310 rare disease conditions
+4 more records
Product overview1 text field

Sanofi operates in India through Sanofi India Limited, offering a diversified healthcare portfolio comprising pharmaceutical products (including diabetes, rare diseases, and transplant therapies), preventive vaccines, and specialty care products. The company also maintains a consumer healthcare division with over-the-counter products including Dulcoflex (constipation relief), Allegra Suspension (allergy), and Combiflam Suspension (pain relief). Sanofi has recently launched AccelRare, an AI-driven digital health tool for rare disease pre-diagnosis. Products are distributed domestically in India and exported to developed and developing countries. Sanofi employs approximately 3,000 people across India, with its Hyderabad office serving as an innovation center.

Product and service8 records
1Pharmaceutical Products
CategoryPharmaceutical Products
Description

Therapies for diabetes, rare diseases, and transplant needs, distributed in India and exported to developed and developing countries via medical representatives.

2Vaccines
CategoryVaccines
Description

Preventive healthcare vaccines provided as part of Sanofi's portfolio in India, delivered through healthcare professional channels.

3Specialty Care Products
CategorySpecialty Care
Description

Specialty care pharmaceutical products targeting specific therapeutic areas including rare diseases, diabetes, and transplant therapies.

4AccelRare
CategoryDigital Health Tool
Description

Free web-based AI-driven pre-diagnosis tool that helps medical practitioners identify rare diseases in children, covering 310 conditions with 88% accuracy; approved as a Class A medical device in India.

5Lantus SoloStar
CategoryPharmaceutical Product
Description

Insulin product widely prescribed in India for diabetes patients.

6Dulcoflex
CategoryConsumer Healthcare Product
Description

Constipation relief brand distributed in India as part of the demerged Sanofi Consumer Healthcare India Ltd portfolio.

7Allegra Suspension
CategoryConsumer Healthcare Product
Description

Anti-allergy medication in suspension form, part of Sanofi Consumer Healthcare India Ltd's portfolio.

8Combiflam Suspension
CategoryConsumer Healthcare Product
Description

Pain relief suspension combining ibuprofen and paracetamol, part of Sanofi Consumer Healthcare India Ltd's portfolio.

Scale indicator13 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
167 rare disease experts across 13 rare disease networks
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-26
Description

Co-development partnership with 67 rare disease experts across 13 rare disease networks to create AccelRare, an AI-driven pre-diagnosis tool covering 310 rare disease conditions with 88% accuracy. Approved as a Class A medical device in India.

thehindubusinessline.com
Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

India-listed subsidiary of AstraZeneca, operating as an MNC pharma with similar specialty/prescription therapeutic categories.

TypeEmerging player
Description

India-listed biopharmaceutical company with insulin, biosimilars and specialty therapeutics that competes with Sanofi India in diabetes and biologics adjacencies.

TypeDirect peer
Description

India-listed subsidiary of global pharma MNC GSK, focused on prescription pharmaceuticals and vaccines with a similar mid-cap listed entity profile in India.

TypeDirect peer
Description

Global leader in insulin and diabetes care with a strong India presence, head-to-head with Sanofi India in the diabetes therapy franchise.

TypeDirect peer
Description

India arm of global pharma major Pfizer, directly competing with Sanofi India in prescription therapeutics and vaccines.

TypeDirect peer
Description

India-headquartered global pharmaceutical manufacturer with strong prescription pharma and biosimilar presence, including diabetes and specialty therapeutics.

TypeDirect peer
Description

India's largest pharmaceutical company by revenue, competing with Sanofi India across specialty and prescription therapies including diabetes and rare-disease adjacencies.

TypeDirect peer
Description

India-listed subsidiary of Abbott with a comparable mid-cap pharma portfolio and parallel MNC-subsidiary structure.

TypeDirect peer
Description

India-listed subsidiary of Novartis, a global MNC pharma with overlapping specialty and prescription therapeutic franchises.

TypeDirect peer
Description

Major Indian pharma manufacturer with broad prescription therapeutic coverage, competing for the same prescriber base in respiratory, diabetes and specialty care.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI capability4 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment2 records

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Sanofi

Pharmaceuticalssanofiindialtd.com

Sanofi India Limited is a publicly listed pharmaceutical company (BSE: 500674) operating across diabetes, rare diseases, transplant, and vaccines, distributing products through medical representatives in India and to export markets while recently launching AccelRare, an AI-driven rare-disease pre-diagnosis tool.

What Sanofi does

Sanofi India Limited (BSE: 500674, NSE: Sanofi) is a publicly listed pharmaceutical company incorporated in May 1956 as Hoechst Fedco Pharma Private Limited, renamed through successive corporate restructurings (Hoechst Pharmaceuticals, Hoechst India, Hoechst Marion Roussel, Aventis Pharma) to its current name. The company operates across four core therapeutic verticals: diabetes management, rare diseases, transplant medications, and preventive vaccines, distributing products in India through a direct medical representative network targeting hospitals, clinics, and healthcare professionals, while also exporting to developed and developing countries. In June 2024, the consumer healthcare business was demerged into a standalone entity, Sanofi Consumer Healthcare India Ltd, separating OTC brands (Allegra, Combiflam, Dulcoflex) from core pharma operations.

The company employs approximately 3,000 people across India, with its headquarters at Sanofi House in Powai, Mumbai, and a 250,000-square-foot Hyderabad innovation center (House of Dreams) housing 2,000+ employees as part of a Global Capability Centre expansion. In May 2026, Sanofi India launched AccelRare, an AI-driven pre-diagnosis tool that processes structured clinical and symptom data to identify 310 rare disease conditions in children with 88% accuracy; the tool was co-developed with 67 rare disease experts across 13 rare disease networks and has been approved as a Class A medical device in India, distributed free to pediatricians and general physicians.

Sanofi India is majority-controlled by France-based Sanofi and its 100% subsidiary Hoechst GmbH, which together hold 60.4% of paid-up share capital, with the remaining 39.6% publicly traded. FY2025 standalone net sales were Rs 1,837.40 crore (down 8.73% YoY) and net profit was Rs 326.70 crore (down 20.99% YoY); the company declared a final dividend of Rs 48 per share for FY2025 with a record date of April 22, 2026. Institutional activity around the stock includes Nippon India Mutual Fund acquiring an additional 1.14% stake in June 2026.

Sanofi firmographics

Firmographics
Name
Sanofi
Legal name
Sanofi India Limited
Website
https://sanofiindialtd.com
Company type
Public
Founded year
1956
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Sanofi India Limited is a publicly listed pharmaceutical company (BSE: 500674) operating across diabetes, rare diseases, transplant, and vaccines, distributing products through medical representatives in India and to export markets while recently launching AccelRare, an AI-driven rare-disease pre-diagnosis tool.
Ownership category
akta.pro rank

Sanofi industry classification

Industry
Product category
Pharmaceuticals
NAICS
Pharmaceutical Preparation Manufacturing (325412)
SIC
Pharmaceutical Preparations (2834)
akta.pro primary industry
Cold, Flu & Cough Remedies (HLAIADAB)
akta.pro secondary industries
Cold, Flu, Cough & Allergy Remedies (Decongestants, Antihistamines, Cough Syrups, Lozenges) (CRADAMAD), Digestive Health OTC (Antacids, Laxatives, Anti-diarrheals, Probiotics OTC) (CRADAMAE)

Keywords

  • Pharmaceutical products
  • Diabetes therapies
  • Rare disease treatments
  • Vaccines
  • Consumer healthcare

Where Sanofi is headquartered

Location

Headquarters

HQ city
Mumbai
HQ country
India
HQ region
Asia

Offices2 records

Markets served

Sanofi business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D, Infrastructure

Revenue model

  1. Pharmaceutical Products: Sale of pharmaceutical products including diabetes therapies, rare disease treatments, and transplant medications. Products are distributed in India and exported to many developed as well as developing countries.
  2. Vaccines: Preventive healthcare through vaccine products offered in India.
  3. Consumer Healthcare Products: Consumer healthcare business (demerged into Sanofi Consumer Healthcare India Ltd in June 2024) includes products like Allegra Suspension, Combiflam Suspension, and Dulcoflex. Revenue from Q1 showed Rs 229 crore with 32.8% growth.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Sanofi product offering

Product offering

Core offering

Sanofi India Limited manufactures and distributes pharmaceutical therapies (diabetes, rare diseases, transplant), preventive vaccines, and specialty care products across India with parallel exports to developed and developing countries. A demerged consumer healthcare business (Sanofi Consumer Healthcare India Ltd) markets OTC products such as Dulcoflex, Allegra Suspension, and Combiflam Suspension. Sanofi's newest standalone offering is AccelRare, a free AI-driven web-based pre-diagnosis tool for 310 rare diseases, approved as a Class A medical device in India.

Product overview

Sanofi operates in India through Sanofi India Limited, offering a diversified healthcare portfolio comprising pharmaceutical products (including diabetes, rare diseases, and transplant therapies), preventive vaccines, and specialty care products. The company also maintains a consumer healthcare division with over-the-counter products including Dulcoflex (constipation relief), Allegra Suspension (allergy), and Combiflam Suspension (pain relief). Sanofi has recently launched AccelRare, an AI-driven digital health tool for rare disease pre-diagnosis. Products are distributed domestically in India and exported to developed and developing countries. Sanofi employs approximately 3,000 people across India, with its Hyderabad office serving as an innovation center.

Differentiator

Problem solved

Functional benefit

Brands

  • AccelRare: AI-driven pre-diagnosis tool that helps medical practitioners identify rare diseases in children, covering 310 conditions with 88% accuracy. Approved as a Class A medical device in India.

Products and services

  • Pharmaceutical Products Therapies for diabetes, rare diseases, and transplant needs, distributed in India and exported to developed and developing countries via medical representatives.
  • Vaccines Preventive healthcare vaccines provided as part of Sanofi's portfolio in India, delivered through healthcare professional channels.
  • Specialty Care Products Specialty care pharmaceutical products targeting specific therapeutic areas including rare diseases, diabetes, and transplant therapies.
  • AccelRare Free web-based AI-driven pre-diagnosis tool that helps medical practitioners identify rare diseases in children, covering 310 conditions with 88% accuracy; approved as a Class A medical device in India.
  • Lantus SoloStar Insulin product widely prescribed in India for diabetes patients.
  • Dulcoflex Constipation relief brand distributed in India as part of the demerged Sanofi Consumer Healthcare India Ltd portfolio.
  • Allegra Suspension Anti-allergy medication in suspension form, part of Sanofi Consumer Healthcare India Ltd's portfolio.
  • Combiflam Suspension Pain relief suspension combining ibuprofen and paracetamol, part of Sanofi Consumer Healthcare India Ltd's portfolio.

Quantifiable outcome

  • 88% accuracy in identifying 310 rare disease conditions
  • +4 more outcomes

Companies that use Sanofi

Customer profile

Named customers2 records

Segments4 records

Ideal customer profiles1 record

Sanofi technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature1 record

Sanofi partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • 67 rare disease experts across 13 rare disease networkscoreStrategic or Co-development Partner · 26 May 2026Co-development partnership with 67 rare disease experts across 13 rare disease networks to create AccelRare, an AI-driven pre-diagnosis tool covering 310 rare disease conditions with 88% accuracy. Approved as a Class A medical device in India.

Scale indicators13 records

Recent moves3 records

Expansion highlights5 records

Sanofi competitors and assessment

Company assessment

Direct peers

  • AstraZeneca Pharma India: India-listed subsidiary of AstraZeneca, operating as an MNC pharma with similar specialty/prescription therapeutic categories.
  • GlaxoSmithKline Pharmaceuticals India: India-listed subsidiary of global pharma MNC GSK, focused on prescription pharmaceuticals and vaccines with a similar mid-cap listed entity profile in India.
  • Novo Nordisk India: Global leader in insulin and diabetes care with a strong India presence, head-to-head with Sanofi India in the diabetes therapy franchise.
  • Pfizer India: India arm of global pharma major Pfizer, directly competing with Sanofi India in prescription therapeutics and vaccines.
  • Dr. Reddy's Laboratories: India-headquartered global pharmaceutical manufacturer with strong prescription pharma and biosimilar presence, including diabetes and specialty therapeutics.
  • Sun Pharmaceutical Industries: India's largest pharmaceutical company by revenue, competing with Sanofi India across specialty and prescription therapies including diabetes and rare-disease adjacencies.
  • Abbott India: India-listed subsidiary of Abbott with a comparable mid-cap pharma portfolio and parallel MNC-subsidiary structure.
  • Novartis India: India-listed subsidiary of Novartis, a global MNC pharma with overlapping specialty and prescription therapeutic franchises.
  • Cipla: Major Indian pharma manufacturer with broad prescription therapeutic coverage, competing for the same prescriber base in respiratory, diabetes and specialty care.

Emerging players

  • Biocon: India-listed biopharmaceutical company with insulin, biosimilars and specialty therapeutics that competes with Sanofi India in diabetes and biologics adjacencies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

Sanofi financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Sanofi leadership team

Management profile

Number of profiles

Profiles2 records

Sanofi subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Sanofi funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Sanofi M&A and investment

M&A and investment

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sanofi

What does Sanofi do?

Sanofi India Limited manufactures and distributes pharmaceutical therapies (diabetes, rare diseases, transplant), preventive vaccines, and specialty care products across India with parallel exports to developed and developing countries. A demerged consumer healthcare business (Sanofi Consumer Healthcare India Ltd) markets OTC products such as Dulcoflex, Allegra Suspension, and Combiflam Suspension. Sanofi's newest standalone offering is AccelRare, a free AI-driven web-based pre-diagnosis tool for 310 rare diseases, approved as a Class A medical device in India.

Is Sanofi a public or private company?

Sanofi is a public company. It is classified as public and is currently operating.

When was Sanofi founded?

Sanofi was founded in 1956. It employs 1,001 to 5,000 people.

Where is Sanofi based?

Sanofi is headquartered in Mumbai, India, in the Asia region.

How does Sanofi make money?

Three revenue lines are on record. Pharmaceutical Products are the primary driver. The others are vaccines and consumer Healthcare Products.

Who are Sanofi's main competitors?

Direct peers on record are AstraZeneca Pharma India, GlaxoSmithKline Pharmaceuticals India, Novo Nordisk India, Pfizer India, Dr. Reddy's Laboratories, Sun Pharmaceutical Industries, Abbott India, Novartis India and Cipla. Biocon is listed as an emerging player.

Does Sanofi have an API?

No public API is recorded for Sanofi.

What industry is Sanofi in?

Sanofi's product category is Pharmaceuticals. Its primary akta.pro industry code is HLAIADAB, Cold, Flu & Cough Remedies, with a secondary code of CRADAMAD, Cold, Flu, Cough & Allergy Remedies (Decongestants, Antihistamines, Cough Syrups, Lozenges). Its NAICS code is 325412 and its SIC code is 2834.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
MintDividend income at risk? 8 stocks with inconsistent dividend payout: Indian Oil, Sanofi India, UTI AMC, and more | Stock Market NewsEight Indian stocks, including Indian Oil, Sanofi India, and UTI AMC, show inconsistent dividend payouts over the past three years. For example, Indian Oil paid ₹7, ₹3, and ₹12 in FY26, FY25, and FY24 respectively, while Sanofi India's payout fell from ₹167 to ₹123 per share. The article warns that high dividends in one year do not guarantee sustainable payouts.ScanXSanofi Consumer Healthcare closes trading window from Oct 1 for Q2FY27 resultsSanofi Consumer Healthcare India closed its trading window from October 1, 2026, until 48 hours after announcing Q2FY27 results. The closure, communicated to BSE and NSE, ensures compliance with insider trading regulations. The results cover the quarter and nine months ended September 30, 2026.The Times of IndiaSanofi Healthcare buys 15.2% stake in Sanofi India for Rs 1,068 croreSanofi Healthcare India bought a 15.19% stake in Sanofi India for Rs 1,068.20 crore, purchasing 35 lakh shares at an average price of Rs 3,052. Hoechst GmbH sold an equal number of shares, reducing its stake to 45.17% from 60.37%, while the combined promoter group holding remains unchanged.Business StandardSanofi India receives Rs 23.74 crore GST show cause noticeSanofi India received a GST show cause notice from Karnataka authorities alleging excess input tax credit for FY2022-23. The notice proposes a tax liability of Rs 14.43 crore and interest of Rs 9.31 crore, totaling Rs 23.74 crore. The company is examining the notice and will submit a response within the prescribed time.ScanXSanofi India receives ₹23.74 Cr GST show cause notice for FY23Sanofi India received a show cause notice from Karnataka GST authorities for ₹23.74 crore in tax and interest for FY23, alleging excess ITC claims. The proposed liability includes ₹14.43 crore tax and ₹9.31 crore interest. The company stated no adverse impact on its financials or operations.BusinessLineSanofi Healthcare India buys 15.19% stake in Sanofi IndiaSanofi Healthcare India acquired a 15.19% stake in Sanofi India for Rs 1,068.20 crore via an NSE block deal. Hoechst sold an equal stake, reducing its holding to 45.17% from 60.37%, but promoter group shareholding remains unchanged. Sanofi India shares rose nearly 3% to Rs 3,138.The Times of IndiaSanofi Healthcare buys 15.2% stake in Sanofi India for Rs 1,068 croreSanofi Healthcare India acquired a 15.19% stake in Sanofi India for Rs 1,068.20 crore via an NSE block deal. The purchase involved 35 lakh shares at Rs 3,052 each, while Hoechst GmbH sold an equal number, reducing its stake to 45.17%. Sanofi India shares rose nearly 3% to Rs 3,138.Medical BuyerSanofi Healthcare inks LoI with Tricog Health for healthcare innovationSanofi Healthcare India signed a Letter of Intent with Tricog Health to develop AI-enabled cardiac diagnostic solutions in India. The three-year collaboration includes mentorship, market access support, and potential financial investment. Sanofi plans to extend support to other healthcare innovators from the Bharat Innovates initiative.ScanXSupreme Court dismisses Sanofi India petition in CBI BARC supply caseThe Supreme Court dismissed Sanofi India's petition to quash CBI criminal proceedings over alleged conspiracy in BARC pharmaceutical supplies between 2012 and 2015. The court recorded no finding of guilt and did not adjudicate on merits, leaving the criminal complaint pending for trial. Sanofi is assessing the judgment and formulating its next litigation strategy.Digital Health NewsSanofi Signs LoI With Tricog Health for AI-Enabled Cardiac DiagnosticsSanofi Healthcare India signed a Letter of Intent with Bengaluru-based Tricog Health to support AI-enabled cardiac diagnostics in India. The three-year collaboration includes mentorship, market access, and potential financial investment. Sanofi will also engage other healthcare innovators from the Bharat Innovates initiative.