sanofi ceo interested in emerging market deals
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Sanofi CEO interested in emerging market deals

Arab Today, arab today

Arab Today, arab today Sanofi CEO interested in emerging market deals

Boston - Arabstoday

French drugmaker Sanofi SA is interested in doing more acquisitions in emerging markets and will “probably not” be a bidder for Pfizer Inc’s animal-health business, said Chief Executive Chris Viehbacher. “We’ll continue to acquire in emerging markets because Sanofi has got a lot more advantage in that area,” Viehbacher told reporters after speaking to the Boston College Chief Executives’ Club. “We have an ability to acquire and integrate.” Pfizer, the world’s largest drugmaker, has said it is interested in selling or spinning off its animal-health and nutrition businesses. While Sanofi has expressed interest in the animal health area among other possible investments, Viehbacher said a Sanofi-Pfizer animal deal could raise antitrust concerns. “I’m going to be looking at things that are smaller,” Viehbacher said. In April, his company closed a $20.1 billion takeover of Genzyme, but that deal was an out-of-the-ordinary move for the company, he said. After resuming shipments of the rare disease drug Fabrazyme from its Genzyme unit’s plant in Framingham, Massachusetts, last week, the company expects to resume supplying European patients with full doses of the drug by “about mid-year,” Viehbacher said. “There are clearly some patients who need the full dose of Fabrazyme and so there’s been a waiting list in Europe to get our product, and so we’re starting to help patients on that waiting list,” Viehbacher said. Viehbacher, who holds German and Canadian citizenship and also serves as chairman of the US drug industry’s leading lobbying group the Pharmaceutical Research and Manufacturers of America, also warned that cuts to the budget of the National Institutes of Health (NIH) could take a heavy toll on both the drug industry and the US economy.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sanofi ceo interested in emerging market deals sanofi ceo interested in emerging market deals

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

sanofi ceo interested in emerging market deals sanofi ceo interested in emerging market deals

 



GMT 15:46 2018 Wednesday ,12 December

Festive Fashion by Dubai-based designer ASMARAÏA

GMT 09:00 2018 Wednesday ,12 December

May tours Europe in desperate bid to save Brexit deal

GMT 13:29 2018 Friday ,14 December

Turkey targets military over alleged Gulen links

GMT 09:12 2018 Wednesday ,12 December

Ford trains 1,600 motorists in Mideast, Africa in 2018

GMT 10:03 2018 Monday ,10 December

23 Palestinians arrested in West Bank

GMT 09:47 2018 Monday ,10 December

Russian ex-policeman convicted over 56 murders

GMT 19:01 2018 Thursday ,04 October

LEAD S. Korean firms offer aid for quake-hit Indonesia

GMT 11:02 2018 Tuesday ,11 December

ASE opens trading on lower note

GMT 14:08 2018 Friday ,14 December

Bank of Russia raises key rate

GMT 17:37 2017 Thursday ,04 May

Heba Rosas reveals foods that improve mood

GMT 05:35 2017 Thursday ,23 March

ECB: Protectionism may raise trade deficits
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday