March 6, 2012 / 7:51 PM / 7 years ago

Sanofi CEO interested in emerging-market deals

BOSTON, March 6 (Reuters) - French drugmaker Sanofi SA is interested in doing more acquisitions in emerging markets and will “probably not” be a bidder for Pfizer Inc’s animal-health business, said Chief Executive Chris Viehbacher.

“We’ll continue to acquire in emerging markets because Sanofi has got a lot more advantage in that area,” Viehbacher told reporters after speaking to the Boston College Chief Executives’ Club. “We have an ability to acquire and integrate.”

After resuming shipments of the rare disease drug Fabrazyme from its Genzyme unit’s plant in Framingham, Massachusetts, last week, the company expects to resume supplying European patients with full doses of the drug by “about mid-year,” Viehbacher said.

“There are clearly some patients who need the full dose of Fabrazyme and so there’s been a waiting list in Europe to get our product, and so we’re starting to help patients on that waiting list,” Viehbacher said.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below