Under the newly announced partnership, sanofi-aventis and JDRF will jointly provide academic investigators and non-profit medical research organizations with funding to conduct research projects in regeneration and immune therapy. This partnership will provide sanofi-aventis with options to the intellectual property developed by researchers who receive funding through the program.
"Sanofi-aventis is committed to providing healthcare solutions that meet the needs of people with diabetes and their families," said Pierre Chancel, Senior Vice-President, Global Diabetes, sanofi-aventis. "Our long-acting insulin is one of the leading insulin products for patients with type 1 and type 2 diabetes, and we continue to invest in research for additional therapies and solutions to meet the unmet needs of patients. Our partnership with the Juvenile Diabetes Research Foundation is an opportunity to help fund innovative research that will improve therapies and perhaps even find a cure for type 1 diabetes."
The partnership will capitalize on the JDRF's network of academicians, institutions and biotech partners, while also leveraging sanofi-aventis' drug development experience to help bring products and technologies to the clinic and eventually to patients.
"JDRF is focused on immune therapies and regeneration as two key areas to develop better treatments and cures for diabetes," said Jeffrey Brewer, President and Chief Executive Officer of JDRF. "Partnering with businesses such as sanofi-aventis, with their tremendous experience in bringing research to market to benefit patients, is an important way we can accelerate the pace of science leading to a cure."
About Type 1 Diabetes
In 2008, there were an estimated 246 million people with diabetes in the world; the World Health Organisation (WHO) expects this figure to rise to 370 million by 2030. Type 1 diabetes is an autoimmune disease in which the pancreas stops producing insulin, a hormone that enables people to get energy from food. It strikes children and adults suddenly, and lasts a lifetime. People with type 1 diabetes must take multiple injections of insulin daily or continuous infusion of insulin through a pump to survive.
About the Juvenile Diabetes Research Foundation
Founded by parents of children with diabetes in 1970, JDRF is a leader in setting the agenda for diabetes research worldwide, and is the largest charitable funder and advocate of type 1 diabetes research. The mission of JDRF is to find a cure for diabetes and its complications through the support of research. Type 1 diabetes is a disease which strikes children and adults suddenly and requires multiple injections of insulin daily or a continuous infusion of insulin through a pump. Insulin, however, is not a cure for diabetes, nor does it prevent its eventual and devastating complications which may include kidney failure, blindness, heart disease, stroke, and amputation.
JDRF is the largest charitable funder of diabetes research in the world, funding more than $1.4 billion since its inception, including more than $107 million worldwide in the last year.
Sanofi-aventis, a leading global pharmaceutical company, discovers, develops and distributes therapeutic solutions to improve the lives of everyone. Sanofi-aventis is listed in Paris (EURONEXT: SAN) and in New York (NYSE: SNY). For more information, please visit: www.sanofi-aventis.com.