FranceFrance

Global healthcare company to invest in biotech at home

01.06.2009

Paris – Sanofi-Aventis has opened its Biolaunch project at the Vitry-sur-Seine pharmaceuticals production site, where it plans to invest EUR200m to develop biotech expertise, including the production of monoclonal antibodies by 2012.
“With Biolaunch, Sanofi-Aventis will benefit from a complete platform of expertise in biotechnologies. Monoclonal antibodies will open the way to a new generation of better-targeted and more effective treatments with fewer side effects,” said CEO Chris Viehbacher at the opening.

Long-term approach

“This project, which gathers and mobilises the best expertise both inside and outside the company, is an illustration of the ongoing transforming programme within Sanofi-Aventis,” said Viehbacher.
Biolaunch is part of the company’s long-term approach to investing in biotech, and is a core part of its plan to turn the site into a comprehensive biotechnology campus that includes research, development and production activities. Sanofi-Aventis is also planning to open the facilities to other companies to develop and produce biopharmaceuticals. The Biolaunch project also includes a training programme in biotech business activities.

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19.08.2011

Marcy l’Etoile – French in vitro diagnostics group Biomérieux S.A. informed the markets that it has acquired Argene, a French company specialising in molecular diagnostics for immuno­compromised patients. Biomérieux said it was...

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Paris – A team consisting of French scientists and biotech start-up Epixis SA has developed a novel hepatitis C vaccine based on retrovirus-derived virus-like particles (VLPs) pseudotyped with the heterologous viral envelope...

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20.07.2011

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French drug maker Sanofi SA announced mixed results of a late-stage trial of multiple sclerosis drug Lemtrada. The two-year study CARE-MS I is the first of two randomised, Phase 3 clinical trials comparing Sanofi's alemtuzumab to...

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05.07.2011

French Biotech BioAlliance Pharma S.A. has announced plans to raise up toEUR 16.6 million through the sale 3.4 million shares at EUR 4.90 in a rightsissue. The price is a 20% discount to BioAlliance's closing price of EUR6.10...

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14.06.2011

Paris – Pulmonary arterial hypertension (PAH), a severe disease of the arterial blood vessels in the lungs, leads to chronically elevated pulmonary artery pressure and remodelling of the small pulmonary arteries (SMPs) as a...

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