Sanofi Aventis
latest news & developmentsFake medicine is real business in Africa
‘The illicit sector has a turnover of at least 10% of the world’s pharmaceutical business’
Big pharma companies seek higher profits by cleaning out their medicine chests
Global pharma companies are looking to sell off their mature drugs, which are often sold in emerging markets where governments demand low prices.
Pharmaceutical industry targets Africa’s growing middle class
According to data, by 2016 pharmaceutical spending in Africa is expected to reach $30-billion – driven by the continent’s increasing economic wealth.
Big Pharma backs deal to boost flu pandemic readiness
Virus samples will be shared globally in exchange for vaccines produced from them under a landmark deal to improve preparedness for a flu pandemic.