Sanofi-Aventis to invest 70 billion won in Korea

Published: 2009-06-18 06:59:00

Updated: 2009-06-18 06:59:00

Sanofi-Aventis, the world's the world's fourth-largest pharmaceutical firm, will invest 70 billion won ($55.4 million) for joint research and development (R&D) of new drugs and medical technology by 2013, it was announced on June 16.

The company’s visiting vice chairman in charge of R&D, Marc Cluzel and Korea’s Health and Welfare Minister Jeon Jae-hee signed a memorandum of understanding (MO...

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