Sanofi-Aventis (France) Seeks China Partnerships, Not a Research Center

April 4, 2008 -- Unlike its big pharma peers, Sanofi-Aventis (NYSE: SNY) will not build a research center in China. Instead, the company will seek to establish half a dozen research partnerships with China universities and state-sponsored research institutions. Potential targets mentioned for the research were cancer and rheumatoid arthritis. Dr. Marc Cuzel, head of R&D for Sanofi-Aventis, said that the advantage of working with existing institutions is the innovation that is already there. More details...

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