Sanofi to expand into India by its majority stake in Shantha Biotechnics
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Sanofi to expand into India by its majority stake in Shantha Biotechnics
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입력 2009.07.29 00:00
수정 2009.07.29 09:47
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The Sanofi-Pasteur vaccines arm will gain a majority stake in Hyderabad-based Shantha Biotechnics by buying ShanH, a subsidiary of French healthcare-products group Merieux Alliance. The deal, expected to close by the end of the third quarter, will assist Sanofi"s expansion into India as well as being able to access Shantha"s new product pipeline including an experimental typhoid vaccine.