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Sanofi's little helper: Elf Aquitaine determines that "it would be desirable for Sanofi to move nearer to other pharmaceutical laboratories, through a merger, in order to speed up its development and increase its profitability." Elf Aquitaine notes that it "will remain an important shareholder for Sanofi but will not make its present majority ownership a prerequisite." Sanofi bought out its previous joint venture with Sterling in 1994...
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