FranceFrance

Sanofi to shut off Genzyme's Cambridge R&D site

27.02.2012

Cambridge - Genzyme will shut the doors at its Cambridge R&D site by the end of the year, with up to 60 employees expected to lose their jobs. The move is part of an ongoing global restructuring of R&D by Sanofi, who purchased Genzyme for US-$20b last year. Sanofi announced that it would close the Milton Road site in Cambridge by the end of 2012, whereas the plants in Haverhill and the base in Oxford would remain. It is another blow to Britain’s R&D landscape after Pfizer announced the closure of its research site in Sandwich last year. Sanofi announced the start of a consultation in November to consolidate all of its R&D centres into four global hubs, which includes Genzyme’s research sites. This will affect R&D sites in the US, Germany, France and Asia, which could lead to further job losses in these regions. No final decision has been made as this consultation is just starting, Sanofi said, adding that it would communicate plans for the European R&D hubs following the consultation with its social partners. Sanofi said it “remains committed to keeping its strategic presence in the UK,” and that Genzyme would continue to invest in clinical trials in the country, and has already invested £17.8m (€21m)in trials over the past four years. According to Sanofi, the company is planning to consolidate its research operations to European centres in Germany, France, Asia, aside from its Boston Genzyme R&D wing.

FranceFrance

17.12.2011

Romainville – Cellectis SA has completed its acquisition of Cellartis AB, which provides stem cell-based in vitro R&D tools, in a cash and stock deal valued at €29.1m (US$39.9m). Cellartis shareholders received 1.9 million...

FranceFrance

01.11.2011

Paris – One of the biggest European biotech deals of 2011 is now sealed. As announced in September, the shareholders of French genome engineering specialist Cellectis approved the takeover of Swedish Cellartis, the European...

FranceFrance

26.10.2011

Paris - Sanofi and MS patients can breathe a sigh of relief. At an MS congress in Amsterdam, the company presented impressive results of a phase III trial comparing alemtuzumab with subcutaneous Rebif interferon beta-1a in 581...

FranceFrance

20.10.2011

Paris/Boulder – French drugmaker Servier has secured the rights for two miroRNA drug candidates from US-biotech MiRagen. Both companies clinched a partnership agreement under which Servier would fund the research, development and...

FranceFrance

10.10.2011

Paris/Hyderabad – Sanofi Aventis believes in India. The pharmaceutical company announced the opening a state-of-the-art vaccine manufacturing facility, believed to be Asia's biggest, in March 2012. In the coming years Sanofi will...

FranceFrance

01.10.2011

Paris – Nanobiotix S.A. is entering the clinical stage with its NanoXray nano­particle therapy, which aims to increase the efficacy of radiotherapy without increasing dosage. In mid-September, the French nano­medicine company...

Sweden, FranceFrance

16.09.2011

Paris – For €16.4m in cash and roughly €12m in shares, French genome engineering specialist Cellectis has taken over Swedish Cellartis. Cellartis is the European leader in stem cell-derived cardiomyocytes and hepatocytes. With 62...

Germany, FranceFrance

09.09.2011

Luxembourg - Disorientation reigns in green biotechnology in Europe. Two decisions by the European Court of Justice regarding genetically modified crops point in different directions. On Thursday the judges left the opponents of...

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