Lot of work left on Canada-EU trade talks, says senior official

OTTAWA (Reuters) – A large amount of work remains to be done on a proposed free trade treaty between Canada and the European Union, which is supposed to be concluded by the end of the year, a senior Canadian official was quoted as saying on Friday. Canada, keen to diversify its exports away from the United States, says a deal with the European Union would increase two-way trade by 20 percent. …

Sanofi, Bristol shake up alliance as patents end

PARIS (Reuters) – Drugmakers Sanofi and Bristol-Myers Squibb said they plan to restructure their alliance from January 1 to respond to the loss of exclusivity on two key drugs and the arrival of generic competition in many major markets. The move will see Bristol-Myers return rights to blood clot preventer Plavix and blood pressure treatment Avapro to the French drugmaker in all markets, the companies said in a joint statement on Wednesday. This will give Sanofi sole commercial control of the two treatments, although Bristol-Myers will keep rights to Plavix in the United States and Puerto …

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