Rochester, NY 7/4/2009 1:11:44 AM
Friday Update - SNY - Fear Over the Future of Jobs by Sanofi-Aventis - Sourced WhisperFromWallStreet.com
Sanofi-Aventis
Friday Update - SNY - Fear Over the Future of Jobs by Sanofi-Aventis - Sourced WhisperFromWallStreet.com
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SANOFI-AVENTIS SA,SNY
ONE of a Northumberland market town’s biggest employers has been put up for sale, sparking fears over the future of more than 150 jobs. International pharmaceutical company Sanofi-Aventis has announced that it is seeking a buyer for its site at Alnwick, where 170 people work. The Alnwick site, established in 1982, is one of only six company premises in the UK but the country’s only base for research and development (R&D), in particular preclinical research. And it is those elements of its operation which the Alnwick site specialises in, that the French-based firm announced on Tuesday it was seeking to re-model. A statement issued by the company said diversement or reconversion solutions will be sought for certain activities at preclinical sites in the UK, America, Spain and Japan.
About
Sanofi-Aventis, a pharmaceutical company, contributes to enhancing life by providing an offering of medicines, vaccines, and integrated healthcare solutions adapted to local needs and means primarily in Europe and the United States. The company has products in the areas of thrombosis, cardiovascular, metabolic diseases, oncology, central nervous system, internal medicine, and vaccines. Its primary medicines include Lovenox/Clexane, Plavix/Iscover, Aprovel/Avapro/Karvea, Tritace/Triatec/Delix/Altace, Lantus, Amaryl/Amarel/Solosa, Acomplia, Taxotere, Eloxatine, Stilnox/Ambien/Myslee, Copaxone, Depakine, Allegra/Telfast, Nasacort, Xatral/Uroxatral, and Actonel/Optinate/Acrel. The companys vaccines principally include pediatric combination and poliomyelitis vaccines, influenza vaccines, meningitis/pneumonia vaccines, adult and adolescent booster vaccines, and travel and endemic vaccines.
Last Trade: 29.70
Day's Range: 29.58 - 30.01
52wk Range: 23.95 - 37.11
Volume: 1,955,448
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