Home Industry News M&A Metabolic Type II Diabetes Report: Deal-hungry Sanofi eyes stake in Zealand Pharma

Report: Deal-hungry Sanofi eyes stake in Zealand Pharma

Posted on Wednesday, 23 December 2009 by John Carroll
No Comment BOOKMARK
Sanofi-Aventis' strategy to do more partnering with the world's most promising biotech companies may spur the pharma giant to take a $143 million stake in Denmark's Zealand Pharma. The two companies are already partnered on AVE0010/ZP10 for Type 2 diabetes, and a European newspaper reports that Sanofi is interested in snagging a 19.9 percent chunk of equity in Zealand. - here's the report from Reuters

Read the full article at FierceBiotech

Share this Post:
Digg Google Bookmarks reddit Mixx StumbleUpon Technorati Yahoo! Buzz DesignFloat Delicious BlinkList Furl
Tagged with: ,

No Responses to “Report: Deal-hungry Sanofi eyes stake in Zealand Pharma”

Leave a Reply:

Name (required):
Mail (will not be published) (required):
Website:
Comment (required):
XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Get Adobe Flash playerPlugin by wpburn.com wordpress themes