Sanofi-Aventis CEO Reiterates Japan Expansion Plans (Japan)
This article was originally published in PharmAsia News
Executive Summary
Sanofi-Aventis SA Chief Executive Gerard Le Fur has confirmed that the French drugmaker is planning a mid-sized acquisition in Japan to expand its presence in that country. Speaking at Sanofi-Aventis' shareholder meeting, Le Fur said that, while prices of pharmaceutical products are tightly controlled by the Japanese government, there is little competition from generic drugs in that market. "We want to grow in that country," Le Fur said. (Click here for more - May Require Paid Subscription