Sanofi trims number of divisions from seven to five

Sanofi will adopt a new simplified structure, reducing its number of global business units to five from seven starting in January 2016 to promote growth, the French drugmaker said on Wednesday.The company said in a statement it would now work in the frame of five business units: 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. (Reporting by Matthias Blamont; Editing by Andrew Callus)