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Sanofi-Aventis, Covance in 10-Year R&D Pact

Covance to acquire Porcheville, Alnwick sites, add CMC, formulation services.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Covance Inc. and Sanofi-Aventis have signed a 10-year R&D agreement potentially worth more than $2 billion. Covance will provide drug development services to SA and will acquire SA’s Porcheville, France and Alnwick, UK sites and facilities for approximately $25 million. Covance will maintain employment on these sites for at least the next five years. Characterizing this change in Sanofi’s R&D model,Marc Cluzel, M.D., Ph.D., the company’s executive vice president, R&a...

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