The company states that BMP Sunstone is a Delaware corporation with Chinese subsidiary, subsidiary watch again. Sanofi is a well represented here in the US and is located in France. BMP also works with clinical trials, market research and pharmaceutical marketing for drugs in China to include those coming from the west BD
From the website:
“BMP Sunstone (formerly Beijing Med-Pharm) offers an end-to-end solution to U.S and western pharmaceutical companies wishing to sell their products in China.
We offer sales and marketing services throughout China and can help register pharmaceuticals for sale into this large and growing market.”
French pharmaceutical giant Sanofi-Aventis announced Thursday that it was acquiring BMP Sunstone, a Montgomery County-headquartered company that manufactures and markets a range of health-care products in China, for about $520 million.
BMP Sunstone has its headquarters in Plymouth Meeting but offers Western health-care companies entry to the Chinese market. It has a market cap of $414 million; its 2009 sales were about $147 million.
BMP Sunstone has established two of China's most recognized product lines: Hao Wawa (Good Baby), the leading pediatric cough and cold brand in China, and Kang Fu Te (Confort) a hygiene brand for women's health care.
Sanofi-Aventis has operations in Great Valley, although it is reducing it staffing there, and has a plant in Swiftwater, Monroe County.
Sanofi to acquire BMP Sunstone | Philadelphia Inquirer | 10/29/2010
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