22.03.2012 • NewsSanofi

Sanofi to Close Northeast England Plant

French drugmaker Sanofi said it plans to close a plant in northern England as it contends with European health spending cuts and growing competition from generic drugs.

The Fawdon plant near Newcastle, which makes drugs including top-selling blood-thinner Plavix for the British and European markets, is expected to close by 2015 with a loss of around 450 jobs, a company spokesman said.

Sanofi is reorganizing some of its research and development and manufacturing operations as it prepares for the arrival of generic rivals to Plavix in May.

The company had disclosed plans in September to reduce its R&D headcount to 10,000 from 13,000 - excluding Genzyme, the firm it bought last year that makes treatments for rare genetic disorders.

Like its peers, Sanofi is facing a tough market in Europe, where governments have moved to curb the rising costs of health care. Governments are by far the biggest buyers of medicines in Europe, giving them a big influence over prices. Pharmaceutical industry executives have complained that excessive price pressure from governments threatens to inflict long-term damage to drug research in their countries for the sake of short-term budget cuts.

Company

Sanofi-Aventis Deutschland

Industriepark Höchst
65926 Frankfurt am Main
Germany

Company contact







CHEManager Spotlight

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics
Creating Interfaces

Standardization and Harmonization of Digital Chemical and Pharmaceutical Logistics

CHEManager Spotlight is an exclusive event tailored for practitioners and decision-makers in the chemical industry. This part of our event series delves into the latest trends and innovations in logistics to streamline your operations and drive efficiency.

Whitepaper

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)
Setting the Standard

Excellence in Pharmaceutical Distribution and The Critical Role of Good Distribution Practice (GDP)

Are you ready to elevate your pharmaceutical operations? Download our exclusive whitepaper and discover how compliance with Good Distribution Practice (GDP) is essential for the safety and integrity of pharmaceuticals.