ARTICLE | Strategy
Lost in the translation
March 1, 1999 8:00 AM UTC
Although drug discovery company Cerep S.A. (NM:CEREP) announced that it had expanded its R&D collaboration with Sanofi S.A. (Paris, France) totting up the actual number of targets to be screened under the deal proved to be a little more work.
The November 1997 press release that first announced the Sanofi collaboration did not detail the precise number of targets involved in the deal. Instead, it referred to a four-year strategic alliance "in which Cerep will apply its integrated technology platform to discover and optimise leads on several targets chosen by Sanofi."...