French drug major Sanofi-Aventis (Euronext: SAN) has entered into a research collaboration with the USA’s Columbia University Medical Center for the development of innovative diabetes medicines. This three-year research collaboration, with the laboratory of Gerard Karsenty, will investigate the role of the osteoblast-secreted peptide, osteocalcin, in diabetes management.
Under the collaboration, Sanofi-Aventis will sponsor research in Dr Karsenty's laboratory and has an option to license and develop existing patents and results that may arise from the research into potential diabetes treatments. Financial terms of this agreement were not disclosed.
Already major player in diabetes
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Chairman, Sanofi Aventis UK
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