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SEP 30, 2013 - Yahoo! News

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Bumpy road won't deter Sanofi's push into emerging markets

By Sumeet Chatterjee MUMBAI (Reuters) - French drugmaker Sanofi SA will not be deterred from expanding in emerging markets through acquisitions despite government crackdowns on pricing and closer scrutiny of western pharmaceutical companies' business practices, its CEO said. Multinational drugmakers such as Pfizer Inc, Sanofi and AstraZeneca PLC have depended on rising demand in emerging markets as sales in the developed economies slow due to a wave of patent expirations on top-selling drugs. ...

Tags: Bumpy road won't deter Sanofi's push into emerging markets,  Pfizer Latest News