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Sanofi, Regeneron expand drug partnership and Amylin buys Ohio building for $9 million.

Publication: M2 Presswire
Publication Date: 30-DEC-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-30 December 2005-US Financial Network: Sanofi, Regeneron expand drug partnership and Amylin buys Ohio building for $9 million(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:30122005

City of Industry, CA - Biotechnology industry news provided by Financial News USA (OTC: FNWU) Drug makers Regeneron Pharmaceuticals Inc. and Sanofi-Aventis (NYSE:SNY) on Thursday said they expanded their drug partnership to include Japan, resulting in a $25 million payment to Regeneron and making the collaboration effective worldwide. Regeneron has an experimental drug called VEGF Trap that works to block blood vessel formation, making it a possible competitor to...

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