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Sanofi-Aventis (NASDAQ:SNY) will close 8 of its 27 R&D sites and look to build partnerships...

Jul. 01, 2009 8:47 AM ETSanofi (SNY) StockSNYBy: Rachael Granby, SA News Editor
Sanofi-Aventis (NASDAQ:SNY) will close 8 of its 27 R&D sites and look to build partnerships with outside biotech and academic labs. The move follows an industry trend of cutting costs by relying on outside labs to discover new drugs.

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