Sanofi-Aventis Sees India As Major Site For Diabetes Treatments
France's Sanofi-Aventis sees India as a possible base for the company's global effort to be a major player in diabetes treatments. In addition to beginning research into India-specific drug combinations and marketing of its Apidra (glulisine recombinant) insulin in India later this year, the firm also may make the country a global hub for its insulin manufacturing. The French drug maker already has a 7.9 percent market share for oral diabetes drugs and insulin through its Indian arm, Aventis Pharma. The subsidiary relies on a large Indian market for combination drugs, spurring the move to India-specific treatments. (Click here for more
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