Financial Times FT.com

Sanofi chief urges price limits on new drugs

By Andrew Jack in London

Published: October 15 2007 03:00 | Last updated: October 15 2007 03:00

Pharmaceutical companies must in future limit the rising prices of new medicines to boost sales, according to the new chief executive of Sanofi-Aventis.

In his first interview since taking over in January, Gérard Le Fur told the Financial Times the trend of ever-higher prices for new drugs "cannot continue" and predicted that "volume will dominate over price".

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