Sanofi prepares for major turnaround
French pharmaceutical major Sanofi-Aventis is to launch what its new chief executive Chris Viehbacher calls a dozen "programs for change," with a central focus on revamping drug R&D and opening the way to new acquisitions. Mr Viehbacher was due to make a detailed statement on the changes later this week (February 11), along with the company's 2008 year-end results, but has already indicated the main lines of the strategy to staff.
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