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MHS Medcohealth Solutions Common Stock

70.30
0.00 (0.00%)
22 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Medcohealth Solutions Common Stock NYSE:MHS NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 70.30 0.00 01:00:00

Sanofi Signs Pact With Medco To Improve Patient Care

22/06/2011 6:40am

Dow Jones News


Medco (NYSE:MHS)
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French pharmaceutical group Sanofi SA (SAN.FR) said Wednesday it signed an agreement with Medco Health Solutions Inc (MHS) and its unit United BioSource Corp., or UBC, to better leverage the real-world evidence generated during product development and throughout the product lifecycle in order to improve the overall quality of patient care.

MAIN FACTS:

- Under the terms of this multi-year agreement, Medco and UBC will provide real-world input and comparative data into product development strategy.

- This agreement will allow Sanofi to define the relative value for products early in development, by more precisely identifying patient populations in which drugs are most effective.

- It will also enable Sanofi to maximize the full value potential of R&D innovation through early alignment of patient population assessments, payer and medical needs. The objective is to develop integrated solutions for patients by implementing novel care models and to improve adherence and patient outcomes.

- Sanofi didn't release any financial details on the agreement with Medco.

- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; inti.landauro@dowjones.com

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