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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