Shantha Biotechnics Limited is an Indian biotechnology company headquartered in Hyderabad, India. Shantha Biotech … The transaction, set to close before the end of the third quarter 2009, values the Indian
Sanofi's vaccine unit, Sanofi Pasteur, will acquire a subsidiary of French bioindustrial group Merieux Alliance, ShanH, which owns a majority stake in Shantha Biotechnics.
This agreement gives me the opportunity to reconnect with Sanofi Pasteur, a company to which I am historically attached. Our commitment to this objective is highlighted by the creation of a new Strategic Committee which I am delighted to announce will be chaired by Alain Mérieux".This agreement is a tribute to the common heritage of Mérieux Alliance and Sanofi Pasteur, two companies originating from Institute Mérieux, which was founded in 1897 by Marcel Mérieux, a student of Louis Pasteur and Alain Mérieux's grandfather. The transaction, set to close before the end of the third quarter, values Shantha at 550 million euros. Shantha works with supranational organizations like UNICEF and PAHO to supply major international markets including Asia-Pacific, Africa and Latin America. Sanofi S.A. is a French multinational pharmaceutical company headquartered in Paris, France, as of 2013 the world's fifth-largest by prescription sales. Sanofi's vaccine division Sanofi-Pasteur, will acquire ShanH, French subsidiary of Merieux Alliance, which holds a majority stake in Hyderabad-based Shantha.The money will equip AlloVir to embark on a broad clinical development program for a phase 3-ready cell therapy that targets five viruses.Shantha Biotech develops, manufactures and markets a recombinant human healthcare product in India. Contact us. "Shantha provides Sanofi Pasteur with a portfolio of new vaccines in development which complement Sanofi Pasteur's current vaccines, positioning the company to accelerate its growth in strategically important emerging markets," said Viehbacher in a statement, "The state-of-the-art manufacturing facilities allow Sanofi Pasteur to gain high quality capacity in order to enable us to provide important vaccines at affordable prices to many people around the world." Shanvac-B, Shantetra (combination vaccine of Diphteria, Pertussis, Tetanus and hepatitis B), Shan5 (combination vaccine of Diphteria, Pertussis, Tetanus, Haemophilus influenza B and hepatitis B) and Shantt (Tetanus toxoid vaccine) are pre-qualified by the World Health Organization for supplying to United Nation agencies globally. Shantha's future development necessitates support from a major international vaccine company. Company profile page for Shantha Biotechnics Pvt Ltd including stock price, company news, press releases, executives, board members, and contact information ... Biotech.
Sanofi's vaccine division Sanofi-Pasteur, will acquire ShanH, French subsidiary of Merieux Alliance, which holds a majority stake in Hyderabad-based Shantha.
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