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Chinoin Pharmaceutical & Chemical Works Co.

Latest From Chinoin Pharmaceutical & Chemical Works Co.

Sanofi-Aventis restructures business in Hungary

Sanofi-Aventis is restructuring its business in Hungary as part of global restructuring begun in 2008, according to Ivan Rozsa, the communication director of the company's local subsidiary. The Hungarian company employs 2,500 people and comprises Chinoin, the R&D and production facility, and a sales and marketing unit.

Hungary Companies

Nous Voici! Sanofi's Leap to the World Stage

Still as French as they come, Sanofi's extraordinary international success--its P/E and growth rate are among the industry's highest--has been due to two factors. The first is its productive research group, which has eschewed most biotech fashions in favor of a conservative, small-molecule, therapeutically focused R&D program. The second has been its joint venture with Bristol-Myers on two of its most important products, a joint venture which allowed Sanofi, in a protected fashion, to learn to compete internationally against the most powerful pharmaceutical marketers in the world. If the company has an Achilles' heel, it is the francocentrism of its marketing and development, and perhaps research as well.
BioPharmaceutical Strategy
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Company Information

  • Industry
  • Pharmaceuticals
  • Therapeutic Areas
  • Alias(es)
  • Ownership
  • Private
  • Headquarters
  • Worldwide
    • Europe
      • Eastern Europe
        • Hungary
  • Parent & Subsidiaries
  • Chinoin Pharmaceutical & Chemical Works Co.
  • Senior Management
  • Ferenc Kovats, SVP
    Laszlo Kadar, Dir., Commerce
  • Contact Info
  • Chinoin Pharmaceutical & Chemical Works Co.
    Phone: (36) 1 69 0900
    P.O. Box 110 Budapest, H-1325