Danone eyeing Latam assets post Nestle-Pfizer deal
PARIS, May 31 (Reuters) – Danone will look at assets Nestle may need to sell to get its baby food deal with Pfizer cleared, as the French food group is keen to expand in baby milk in Latin America,...
View ArticleSanofi plans to cut research jobs at 2 sites-source
PARIS, July 5 (Reuters) – Sanofi is planning to cut a number of research jobs, a union source told Reuters on Thursday, the latest in a series of cutbacks as the French drugmaker responds to patent...
View ArticleRelentless Afghan conflict leaves traumatized generation
KABUL (Reuters) – On a low bed in a quiet, all-female hospital ward, a depressed Afghan teenager huddles silently under blankets, her mother close by. In a nearby room are men suffering from...
View ArticleFrance’s Stallergenes eyes acquisitions in 2013
PARIS (Reuters) – French allergy drug maker Stallergenes (GENP.PA: Quote, Profile, Research, Stock Buzz) wants to grow abroad through partnerships and acquisitions, and hopes ongoing discussions could...
View ArticleVirgin Megastore France to declare itself insolvent
PARIS, Jan 4 (Reuters) – Books-to-music retailer Virgin Megastore’s French operation plans to declare itself insolvent next week, the latest victim of an industry-wide slump in CD and DVD sales as...
View ArticleSelf-expanding stent shows benefit in study-Stentys
PARIS, March 9 (Reuters) – Stentys said on Saturday that a study has shown its self-expanding stents for keeping blood vessels open have lower mortality rates than other conventional devices. The...
View ArticleAccor CEO expected to be replaced by duo – source
PARIS, April 23 (Reuters) – Accor Chairman and Chief Executive Denis Hennequin, beset by scepticism over his ability to turn around Europe’s largest hotels group, has decided to resign and is likely to...
View ArticleSanofi fined in Plavix generics dispute
PARIS, May 14 (Reuters) – The French Competition Authority fined drugmaker Sanofi 40.6 million euros ($52.7 million) on Tuesday for “disparaging” generic competition to its Plavix blood thinner. The...
View ArticleIMF’s Lagarde escapes formal investigation in court
PARIS (Reuters) – French magistrates decided on Friday not to place IMF chief Christine Lagarde under formal investigation over her role in a 285-million-euro ($368.5 million) arbitration payment made...
View ArticleSanofi to cut 207 R&D jobs in latest French reshuffle
PARIS/TOULOUSE (Reuters) – Sanofi plans to cut 207 jobs in France as part of the drug company’s latest reshuffle of its research operations, which unions said would also lead to layoffs at vaccine and...
View ArticleColony’s Bazin takes reins at French hotels group Accor
PARIS, Aug 27 (Reuters) – Accor has named private equity specialist Sebastien Bazin as the French hotel group’s new chairman and chief executive in a move expected to speed Accor’s asset sales to boost...
View ArticleChina woes to dominate Danone quarterly sales report
PARIS (Reuters) – As French foods group Danone SA (DANO.PA: Quote, Profile, Research) grapples with a series of problems in China and other Asian markets, a sales update due in mid October will give...
View ArticleSanofi’s home market France may be its biggest handicap
PARIS, Oct 14 (Reuters) – Sanofi, trying to squeeze more out of R&D spending like other big drugmakers, is finding its home market France a difficult place to cut costs because of complex labour...
View ArticleCarmat aims for EU approval of artificial heart by early 2015
PARIS (Reuters) – Carmat hopes to finish human trials of its artificial heart by the end of next year and to obtain regulatory approval for an EU launch by early 2015, its chief executive told Reuters....
View ArticleElior aims for summer return to Paris stock market
PARIS, March 4 (Reuters) – Caterer Elior said on Tuesday it would return to French stock market by the summer after an eight-year absence, in an estimated 4 billion euro ($5.51 billion) flotation that...
View ArticleStallergenes appoints former Actelion manager as new CEO
PARIS, March 5 (Reuters) – France’s Stallergenes said on Wednesday it had appointed former Actelion manager Christian Chavy as its new chief executive to drive the company’s expansion into the U.S....
View ArticleDanone could spend Medical Nutrition cash on baby food, dairy deals
PARIS, March 7 (Reuters) – If French food group Danone decides to sell its slowing medical nutrition business, it is most likely to invest the proceeds in its faster growth baby food and dairy...
View ArticleBioMerieux to look at Siemens microbiology unit: CEO
PARIS (Reuters) – French diagnostics specialist BioMerieux (BIOX.PA: Quote, Profile, Research, Stock Buzz) will look at the microbiology unit Siemens (SIEGn.DE: Quote, Profile, Research, Stock Buzz) is...
View ArticleSanofi faces make-or-break verdict on big dengue vaccine bet
NEUVILLE-SUR-SAONE, France (Reuters) – Sanofi expects final clinical results for its vaccine against dengue by late September, the French drugmaker’s project leader has told Reuters, and has already...
View ArticleSanofi eyes more acquisitions, sees growth in Africa
PARIS (Reuters) – Sanofi (SASY.PA: Quote, Profile, Research, Stock Buzz) is on the lookout for acquisitions to boost key business units, such as consumer and animal health products, and expects strong...
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