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Sanofi Pasteur strengthens vaccines position in India through the control of Shantha Biotechnics via Merieux Alliance
Sanofi-aventis, 07/28/09
Sanofi–aventis and Merieux Alliance announced the signature of a strategic agreement for the acquisition by Sanofi Pasteur of Merieux Alliance's French subsidiary ShanH, which owns a majority stake in vaccine company Shantha Biotechnics based in Hyderabad, India. Alain Merieux will chair the Board of ShanH and a new joint committee will be created to be chaired by Alain Mérieux on vaccine strategy for the Emerging Markets.
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