Sanofi and JHL Biotech, Inc., a biopharma company with development and manufacturing facilities in Wuhan and Taiwan, have entered a strategic alliance to develop and commercialize biologics in China, with potential international expansion.  Sanofi will invest $80 million in newly issued JHL shares and will make an upfront payment of $21 million to acquire exclusive rights for the proposed biosimilar of Rituximab and options to certain JHL pipeline products. JHL will lead the development, reg...