A logo of Sanofi is pictured during the company’s shareholders meeting in Paris, France. File photo/Reuters
French drugs and healthcare group Sanofi said on Tuesday it had signed a rights deal with Roche for the ‘Tamiflu’ product in the United States.
The deal will give Sanofi exclusive US over-the-counter (OTC) rights to Tamiflu, which is used for the prevention and treatment of flu.
“This is a strategic and important transaction for us as we strive to continually bring innovations to the market,” said Alan Main, executive vice president of Sanofi’s consumer healthcare division, in a statement.
The European Union (EU) signed a landmark free trade deal with Vietnam on Sunday, the first of its kind with a developing country in Asia, paving the way for tariff reductions on 99% of goods between the trading bloc and Southeast Asian country.
South Africa’s Biovac Institute will start local production of Sanofi’s Hexaxim vaccine next year and Pfizer’s anti-pneumonia Prevnar 13 vaccine in 2021, boosting supply of life-saving drugs in its main market, its CEO said.
President Donald Trump on Thursday for the first time linked a dispute over telecom giant Huawei, which he views as a threat to American security, with a deal to resolve the US-China trade war.
A delegation from Azerbaijan joined by businessmen representing 27 companies recently visited Dubai Chamber of Commerce and Industry’s headquarters where they held 204 meetings with potential UAE investors.
The UAE’s theme for the next year - ‘2020: Towards the next 50 years’ would catapult the country towards unprecedented development in economy, education, infrastructure, health, and connectivity, experts and businessmen have said.
China has suspended additional tariffs on some US goods that were meant to be implemented on Dec. 15, the State Council’s customs tariff commission said on Sunday, after the world’s two largest economies agreed a “phase one” trade deal on Friday.
The US-India Business Council (USIBC) has announced its support for the Atlantic Council Global Energy Forum to be held in Abu Dhabi next month. This will bring India into the ambit of the premier international gathering of government,