David Granovsky

Salk Forms Stem Cell Partnership With Sanofi-Aventis | Xconomy

In ALL ARTICLES, STEM CELLS IN THE NEWS on March 27, 2009 at 11:05 am

The Salk Institute by Architect Louis Kahn

Salk Forms Stem Cell Partnership With Sanofi-Aventis

Bruce V. Bigelow 3/26/09

The Salk Institute says it has formed a new stem cell research partnership with Sanofi-Aventis, the international pharmaceutical giant based in Paris. Financial terms of the five-year alliance were not disclosed, and some details of the deal remain to be worked out, Salk spokesman Mauricio Minotta told me this afternoon.

The Sanofi-Aventis regenerative medicine program will sponsor grants in promising research areas, and is intended to provide long-term, multi-participant collaborations between scientists at San Diego-based Salk and Sanofi-Aventis. “It’s meant to be a true collaboration, it’s not just funding,” says Michael White, who oversees the institute’s office of technology management and development. Sanofi-Aventis has about 16,000 employees in the United States, mostly at its U.S. headquarters in Bridgewater, NJ, and about 100,000 employees worldwide.

via Salk Forms Stem Cell Partnershiphttp://www.xconomy.com/san-diego/2009/03/26/salk-forms-stem-cell-partnership-with-sanofi-aventis/ With Sanofi-Aventis | Xconomy.