Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing Investments
Sanofi is a French multinational healthcare company. Sanofi engages in the research and development, manufacturing and marketing of pharmaceutical drugs principally in the prescription market, but the firm also develops over-the-counter medication.
Hold off investments: company postponing future planned investment/development/marketing while continuing substantive business
Wait Pausing InvestmentsIn October 2009, Sanofi-Aventis bought a 74 percent stake in insulin manufacturer Bioton Vostok. This enterprise, located in Orel, was named Sanofi-Aventis Vostok and specializes in the production of insulins.
The company stopped any new spending not related to the supply of the essential and life-changing medicines and vaccines in Russia, as well as in Belarus.