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    Home > Medical News > Medical Research Articles > Haizheng pharmaceutical industry joins hands with Sanofi to explore new diabetes treatment

    Haizheng pharmaceutical industry joins hands with Sanofi to explore new diabetes treatment

    • Last Update: 2015-07-07
    • Source: Internet
    • Author: User
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    Recently, Zhejiang Haizheng Pharmaceutical Co., Ltd announced that the CEO of the company and Sanofi signed a memorandum of non binding Cooperation (hereinafter referred to as the memorandum) to explore potential cooperation in the field of diabetes treatment Cooperation may include the establishment of a joint venture in China for the development, production and / or commercialization of insulin, insulin analogues and any other diabetes therapies agreed by the parties It is worth noting that the memorandum signed this time is only an expression of the current intention of both parties and is not legally binding Both parties shall conduct due diligence on each other within the scope of cooperation after signing the memorandum Sanofi is one of the world's leading enterprises in the field of diabetes, with diabetes sales reaching $10.7 billion last year Lantus, the world's best-selling drug, lost patent protection in the United States in February, with sales of $7 billion in 2014 If Haizheng can "marry" Sanofi, it will be a good move in the field of diabetes.
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