An India-based subsidiary of Sanofi said it will sell a manufacturing plant in Ankleshwar, Gujarat, to Advent International’s Zentiva for about $37 million. The site is Sanofi’s oldest manufacturing facility in India and produces medications including Combiflam, Allegra and Amaryl. Production of those products will be moved to other sites including in Goa, according to a Sept. 11th Sanofi release posted to India’s stock exchange. The agreement builds on a much larger deal from last year, when Advent paid $2.1 billion, for Sanofi’s European generics business, Zentiva. Now, a Zentiva unit in India is taking over the Ankleshwar site, which manufactures more than 6 billion tablets a year. Learn More