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China's First International Pharma Biotherapeutic API Project Launched in Beijing E-Town -- Sanofi Invests Approximately 1 Billion Euros in New Insulin Production Facility
SNYSanofi(SNY) GlobeNewswire News Room·2024-12-04 12:07

BEIJING, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The global pharmaceutical giant Sanofi has once again boosted its investment in Beijing E-Town. On December 2nd, the Administrative Committee of the Beijing Economic-Technological Development Area (BDA) and Sanofi formally signed a memorandum of cooperation. Sanofi will invest approximately 1 billion euros to establish a new insulin production facility in Beijing E-Town, enhancing local end-to-end manufacturing capabilities for insulin and primarily serving the nee ...