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Sanofi-aventis Successfully Completes The Acquisition of Chattem, Inc.
Date:3/11/2010

PARIS, March 11 /PRNewswire-FirstCall/ -- Sanofi-aventis (EURONEXT: SAN and NYSE: SNY) announced today that it has completed its acquisition of 100% of Chattem, Inc., which is now a wholly-owned subsidiary of the sanofi-aventis Group.

By strengthening its presence in the U.S. consumer healthcare market, which represents 25 percent of the current worldwide market, sanofi-aventis is building a significant platform for future growth and further securing its position as a global, diversified healthcare company.  This acquisition also provides new channels for maximizing the potential of converting sanofi-aventis' prescription medicines to over-the-counter (OTC) products, beginning with Allegra® (fexofenadine hydrochloride), which is expected to be an important growth driver for sanofi-aventis.

"The addition of Chattem to our worldwide portfolio of leading consumer healthcare businesses represents an important milestone in sanofi-aventis' strategy to become a global diversified healthcare leader," declared Christopher A. Viehbacher, Chief Executive Officer of sanofi-aventis. "Chattem's existing sales, marketing and distribution teams and infrastructure provide a tremendous platform for future conversions of prescription medicines to OTC products in the U.S., and I am confident that Chattem will maximize the success of
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