Sanofi announces reorganisation ahead of strategic plan

PARIS (Reuters) - Sanofi will adopt a simplified structure centred around five global business units starting in January 2016 to promote growth, the French drugmaker said on Wednesday, as it prepares a new strategic plan to be unveiled in November. The company said the five would be: general medicines & emerging markets, specialty care, diabetes & cardiovascular, Sanofi Pasteur for vaccines, and Merial for animal health. The composition of Sanofi's executive committee remains unchanged, the company said. Sanofi had previously focused attention on seven "growth platforms," but had different divisional setups varying from country to country. The reorganisation is Sanofi's first since Olivier Brandicourt took the helm in April, following the sacking last October of previous CEO Chris Viehbacher, who had clashed with the board. Shares in Sanofi closed up 0.81 percent to 97.4 euros on Wednesday. Brandicourt told unions in June he would present a five-year strategic plan next November, after Sanofi's third-quarter results, labour representatives told Reuters. "This simplification is a good sign. It may be a first step" (towards that November strategy plan), Florent Cespedes, an analyst with Societe Generale, said. (Reporting by Matthias Blamont and Noelle Mennella; Editing by Andrew Callus)