Sanofi-Aventis Looking for More China Partnerships

Sanofi-Aventis wants to continue building its presence in China. Company officials said Sanofi-Aventis will seek additional partnerships following the joint venture announced last month with Minsheng Pharmaceutical, a JV that will develop vitamin and mineral products in the consumer healthcare sector. Sanofi has gone on record to say it prefers the partnership approach in China, as opposed to building its own R&D center. More details... Stock Symbol: (NYSE: SNY)