SHANGHAI, Aug 12 (Reuters) - Sanofi said on
Tuesday it had stopped supplying Praluent, a popular cholesterol
drug jointly developed by the French pharmaceuticals firm and
its partner Regeneron Pharmaceuticals ( REGN ), in China due to limited
availability.
"The surge in demand has led to limited availability in
China, and some other countries," Sanofi said in a statement
sent to Reuters, adding "at the moment Praluent's supply in
China has already stopped."
It didn't say when supply would resume.
Sanofi said it had "invested to strengthen global production
of Praluent, to meet a rising global demand which accelerated
sharply over the past two years".
The company said clinical experts had found there were other
medicines on China's National Reimbursement Drug List that were
"safe and appropriate" for patients currently being treated with
Praluent and it was working with healthcare providers in China
to "ensure a smooth transition for patients".
Sanofi is the latest foreign drugmaker to stop supplying
popular medications to China. Merck ( MRK ) suspended shipments
of its blockbuster human papillomavirus vaccine Gardasil to the
country in February, citing weak discretionary spending.