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Christopher A. Viehbacher

Chief Executive Officer, Sanofi, and Chairman, Genzyme Corporation

Current and Future Innovations in the Worldwide Pharmaceutical and Health Care Industries

Sanofi Chief Executive Officer and Genzyme Corporation Chairman Christopher A. Viehbacher talked about his company’s local investments (Sanofi subsidiary Genzyme’s headquarters are in Cambridge), and called for new funding models for drug research at the March 6 Chief Executives’ Club of Boston. Marc N. Casper, president and chief executive officer of Thermo Fisher Scientific, Inc., introduced Viehbacher.

Takeaway

Local Innovation

I think probably the most fertile ground [for innovation] in the world today is right here in the Boston-Cambridge area.

Takeaway

Funding Challenges

Today, what we are seeing is that venture capital has largely dried up, particularly for start-up companies ... The science has never been more promising. It has never been more difficult to fund a new idea.

Takeaway

Global Talent

To attract and retain global talent ... we’ve got to find the right balance between immigration and security. [Then we will be] able to have the brightest minds to help us do the innovation.

Takeaway

Emerging Markets

I think you’re going to see [health care in] emerging markets actually leapfrog [health care in] Western markets … because they [don’t] have all of the prior investment in health care systems.

“ Sanofi CEO: Drug industry needs new investment models ”

Wall Street Journal (via Dow Jones)

“ Sanofi CEO interested in emerging-market deals ”

Reuters

“ What’s on Sanofi’s shopping list? ”

Dow Jones MarketWatch

“ Sanofi CEO to create jobs beyond Genzyme ”

Mass High Tech

“ Sanofi taking new approach to drug innovation, CEO says ”

Boston Globe

“ Sanofi's Viehbacher vows Boston jobs beyond Genzyme ”

Boston Business Journal

“ Sanofi chief Viehbacher affirms commitment to talent-rich Hub ”

Boston Herald

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