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30.11.2009

Sanofi Aventis will join Russian drug project

French drugmaker Sanofi Aventis said Friday it will participate in a program that is intended to encourage drug innovation in Russia.

A Sanofi Aventis insulin factory in Russia will be part of the "Pharmpolis Project," the company said. Sanofi Aventis confirmed its plans with a subsidiary of Rostekhnologii, a Russian state holding company.

Pharmpolis is a Russian government effort to expand the pharmaceutical business. Its goals include bringing drug manufacturers to the country, supporting manufacturers, and providing supplier networks.


Source:  www.cnbc.com

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