@BusinessDaily

Sanofi regional office is opened in Nairobi

1 months ago, 26 Apr 16:05

By: Ivy Nyayieka

Pharmaceutical firm Sanofi has opened a regional office in Nairobi to co-ordinate its commercial activities in the country and neighbouring states including Uganda, Tanzania and Ethiopia.

Sanofi has been supplying prescription products and vaccines in the East African market.

“Establishing a regional office in Kenya is a strong vote of confidence by Sanofi on its investment intent for the region,” Peter Munyasi, general manager of Sanofi for East Africa said.

In Kenya, Sanofi has concentrated its disease management efforts on diabetes and thrombosis, launching a new diabetes drug last month.

The drug maker joins an increasing number of French multinationals which are growing their footprint in Kenya.

The deputy head of mission charge d’affaire at the French embassy, Kim Ramoneda, said the number of companies with offices in Kenya had risen to 100.

She attributed the interest to the country’s growth prospects and its status as a regional transport hub, attributes that have also attracted multinationals from other countries including the United States.

Other firms that have set up regional offices in Nairobi include construction firm Bechtel and General Electric.


Read More


Category: business news corporate lifestyle

Suggested

11 hours ago, 17:24
@BusinessDaily - By: Galgallo Fayo
Ex-KCC staff wants MD sacked on graft claims

A former senior employee of New KCC wants the managing director removed from office on allegations of financial mismanagement and employment malpractices. ...

Category: business corporate news opinion lifestyle
10 hours ago, 18:05
@DailyNation - By: Neville Otuki
Yearly tax will increase illicit drinks, warn beer makers

Alcohol manufacturers and dealers have faulted Treasury proposal to raise excise duty on beer yearly for inflation, warning of a possible spike in the flow of illicit low-cost brew. ...

Category: topnews news business
8 hours ago, 20:45
@AfricaNews - By: Africanews
Nigeria's Buhari to sign 2018 budget on Wednesday | Africanews

The bulk of the nation's budget is intended to stimulate economic growth before the February elections and after a contraction in 2016. ...

Category: africa topnews news africa_business business
12 hours ago, 16:21
@BusinessDaily - By: George Omondi
Rotich warns of forex risk in PPPs

The National Treasury has warned of the shilling’s exposure if local banks continue to take a back seat in the financing of public private partnership (PPP) projects. ...

Category: business news corporate
9 hours ago, 19:00
@BusinessDaily - By: Elvis Mboya
INDEPTH: Gap narrows on economic welfare of refugees, hosts

As the world marks World Refugees Day on Wednesday, focus will be on improving their economic welfare and that of host communities. ...

Category: business corporate news opinion lifestyle markets
10 hours ago, 18:06
@BusinessDaily - By: James Kariuki
Britam launches Sh725 medical cover for pastors

Britam has launched a Sh725 monthly medical cover targeting pastors in a product aimed at easing the burden on church members who are increasingly settling bills for the clerics. ...

Category: business news corporate

@BusinessDaily

Sanofi regional office is opened in Nairobi

1 months ago, 26 Apr 16:05

By: Ivy Nyayieka

Pharmaceutical firm Sanofi has opened a regional office in Nairobi to co-ordinate its commercial activities in the country and neighbouring states including Uganda, Tanzania and Ethiopia.

Sanofi has been supplying prescription products and vaccines in the East African market.

“Establishing a regional office in Kenya is a strong vote of confidence by Sanofi on its investment intent for the region,” Peter Munyasi, general manager of Sanofi for East Africa said.

In Kenya, Sanofi has concentrated its disease management efforts on diabetes and thrombosis, launching a new diabetes drug last month.

The drug maker joins an increasing number of French multinationals which are growing their footprint in Kenya.

The deputy head of mission charge d’affaire at the French embassy, Kim Ramoneda, said the number of companies with offices in Kenya had risen to 100.

She attributed the interest to the country’s growth prospects and its status as a regional transport hub, attributes that have also attracted multinationals from other countries including the United States.

Other firms that have set up regional offices in Nairobi include construction firm Bechtel and General Electric.


Read More

Category: business news corporate lifestyle

Suggested

11 hours ago, 17:24
@BusinessDaily - By: Galgallo Fayo
Ex-KCC staff wants MD sacked on graft claims

A former senior employee of New KCC wants the managing director removed from office on allegations of financial mismanagement and employment malpractices. ...

Category: business corporate news opinion lifestyle
10 hours ago, 18:05
@DailyNation - By: Neville Otuki
Yearly tax will increase illicit drinks, warn beer makers

Alcohol manufacturers and dealers have faulted Treasury proposal to raise excise duty on beer yearly for inflation, warning of a possible spike in the flow of illicit low-cost brew. ...

Category: topnews news business
8 hours ago, 20:45
@AfricaNews - By: Africanews
Nigeria's Buhari to sign 2018 budget on Wednesday | Africanews

The bulk of the nation's budget is intended to stimulate economic growth before the February elections and after a contraction in 2016. ...

Category: africa topnews news africa_business business
12 hours ago, 16:21
@BusinessDaily - By: George Omondi
Rotich warns of forex risk in PPPs

The National Treasury has warned of the shilling’s exposure if local banks continue to take a back seat in the financing of public private partnership (PPP) projects. ...

Category: business news corporate
9 hours ago, 19:00
@BusinessDaily - By: Elvis Mboya
INDEPTH: Gap narrows on economic welfare of refugees, hosts

As the world marks World Refugees Day on Wednesday, focus will be on improving their economic welfare and that of host communities. ...

Category: business corporate news opinion lifestyle markets
10 hours ago, 18:06
@BusinessDaily - By: James Kariuki
Britam launches Sh725 medical cover for pastors

Britam has launched a Sh725 monthly medical cover targeting pastors in a product aimed at easing the burden on church members who are increasingly settling bills for the clerics. ...

Category: business news corporate
Our App