Chattanooga-based Chattem has been acquired by a French company, Sanofi-Aventis, which sells Allegra, among other drugs. Chattanooga will now become the U.S. headquarters of Sanofi.
The TFP reports. Chattem (Selsun Blue, etc.) will become Sanofi's marketing expert. A Dallas-based law firm
announced Dec. 23 it is exploring a class-action lawsuit.
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