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Sanofi Acquires Fovea in 370M Deal
01 October 2009
Sanofi-Aventis is set to acquire Fovea Pharmaceuticals in a deal worth a total of E370 million. The French giant has signed a binding agreement and the deal is expected to close in Q4 2009. Fovea, established in 2005, is a French biopharm company focused on ocular diseases. It has a pipeline comprising three products in clinical development: eye drops for the treatment of persistent allergic conjunctivitis and diabetic macular oedema and an intravitreal formulation of a plasma kallikrein inhibitor for macular edema.
Bernard Gilly, president and CEO of Fovea, said the deal "demonstrates that strong science combined with high level expertise in pharmaceutical development and management is what the industry leaders are looking for."
Key Findings of the NIAGARA and HIMALAYA Trials
November 8th 2024In this episode of the Pharmaceutical Executive podcast, Shubh Goel, head of immuno-oncology, gastrointestinal tumors, US oncology business unit, AstraZeneca, discusses the findings of the NIAGARA trial in bladder cancer and the significance of the five-year overall survival data from the HIMALAYA trial, particularly the long-term efficacy of the STRIDE regimen for unresectable liver cancer.
Fake Weight Loss Drugs: Growing Threat to Consumer Health
October 25th 2024In this episode of the Pharmaceutical Executive podcast, UpScriptHealth's Peter Ax, Founder and CEO, and George Jones, Chief Operations Officer, discuss the issue of counterfeit weight loss drugs, the potential health risks associated with them, increasing access to legitimate weight loss medications and more.
