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Fortune
Fortune
Prarthana Prakash

Gen X drugmaker is coughing up millions for Paris Olympics sponsorship to show Gen Z and millennials it's a cool place to work

person standing in front of a countdown clock in front of Paris's Eiffel Tower (Credit: Chesnot/Getty Images)

Drugmaker Sanofi is hoping that rubbing shoulders alongside luxury fashion brands at the Paris Olympics will lead to a boost in perception among a younger audience.

The 50-year-old pharma company is estimated to have spent up to €150 million ($164 million) on the 2024 Olympics and is sending over 2,000 employees as volunteers—which Sanofi claims is the highest number among other collaborators.

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