Sanofi joins Russian Pharmpolis project
French drugmaker Sanofi-aventis has agreed to participate in a programme that is intended to encourage drug innovation in Russia.
French drugmaker Sanofi-aventis has agreed to participate in a programme that is intended to encourage drug innovation in Russia.
A Sanofi-aventis insulin factory in Russia will be part of the "Pharmpolis Project", which aims to attract drugmakers to Russia and expand the pharmaceutical market in the region.
Sanofi-aventis confirmed its plans with Prominvest, a subsidiary of Rostekhnologii, a Russian state holding company.
"We want to create a situation in which patients suffering from severe conditions, such as diabetes, are diagnosed and treated as early as possible and have access to innovative drugs at affordable prices," said Christopher Viehbacher, ceo of Sanofi-aventis. "The manufacturing of insulin locally will be a major step towards achieving this goal."