Welcome to our dedicated page for Sanofi FR news (Ticker: SNY), a resource for investors and traders seeking the latest updates and insights on Sanofi FR stock.
Sanofi (SNY), a global leader in pharmaceuticals and vaccines, provides critical health solutions through its innovative drug development and strategic partnerships. This dedicated news hub offers investors and industry professionals centralized access to official updates and analysis.
Track SNY's latest press releases covering clinical trial results, regulatory approvals, and financial earnings. Our curated collection simplifies monitoring of key developments in oncology, immunology treatments, and vaccine innovations that shape global healthcare markets.
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Sanofi and Merck have announced that Vaxelis, the first hexavalent combination vaccine in the U.S., is now available. This vaccine protects against six diseases: diphtheria, tetanus, pertussis, polio, Hib, and hepatitis B, administered in three doses to children aged 6 weeks to 4 years. The vaccine aims to reduce the number of shots children need, improving vaccination coverage. Vaxelis has been included in the CDC's immunization schedule and will be distributed through various channels. The collaboration reflects a commitment to enhancing pediatric health.
Sanofi has announced a three-year research collaboration with Stanford University School of Medicine, aiming to deepen the understanding of immunology and inflammation. The partnership will explore autoimmune diseases and inflammatory conditions, with funding for up to three joint programs annually. Initial projects will focus on type 2 inflammation, T cell mechanisms in autoimmunity, and immune-related adverse events. This collaboration strengthens Sanofi's commitment to research and innovation within immunoscience.
Sanofi has partnered with Moderna to manufacture up to 200 million doses of its COVID-19 vaccine, utilizing its Ridgefield, NJ facility starting September 2021. This represents Sanofi's third manufacturing commitment in response to the pandemic, having previously supported BioNTech and Johnson & Johnson. The company is also developing its COVID-19 vaccine candidates in collaboration with GSK and Translate Bio. Sanofi aims to enhance global vaccine supply while continuing its internal vaccine development efforts.
On April 7, 2021, Sanofi announced the creation of Sanofi Global Health, a new nonprofit unit aimed at enhancing access to essential medicines in 40 lower-income countries. The initiative will provide 30 medicines across various therapeutic areas, alongside support for healthcare professionals. Additionally, Sanofi plans to donate 100,000 vials of treatments annually for rare diseases. The company also committed to reducing greenhouse gas emissions by 55% by 2030 and implementing zero plastic packaging for vaccines by 2027, while promoting diversity within its workforce.
The FDA has approved Sarclisa® (isatuximab-irfc) in combination with carfilzomib and dexamethasone for adult patients with relapsed or refractory multiple myeloma (RRMM) after one to three prior treatments. The approval is based on the Phase 3 IKEMA study, which demonstrated a 45% reduction in disease progression or death risk. Sarclisa now has two FDA-approved combinations for RRMM. Despite challenges in treating relapsed MM, the approval positions Sarclisa as a potential standard of care, enhancing its market potential.
Biond Biologics has signed an exclusive worldwide license agreement with Sanofi (SNY) for the development of BND-22, a humanized IgG4 antibody aimed at treating solid tumors. Biond will receive a $125 million upfront payment and potentially over $1 billion in milestones and royalties. BND-22 targets the inhibitory ILT2 receptor and has shown promising preclinical results by activating immune responses against tumors. The first-in-human phase 1a study is set to start by mid-2021, with Sanofi overseeing later clinical development.
Sanofi and the Parkinson's Foundation are collaborating to enhance genetic testing and counseling for Parkinson's disease patients in the U.S. Over two years, Sanofi will invest $1 million in the PD GENEration: Mapping the Future of Parkinson's Disease initiative. The study aims to improve understanding of genetic mutations related to Parkinson's, facilitating patient access to clinical trials. Initial results show a higher prevalence of genetic links to the disease, with plans to enroll 15,000 participants.
Sanofi Genzyme announced the presentation of new data from its neurology portfolio at MSVirtual2020, taking place from September 11-13, 2020. The event will showcase findings related to tolebrutinib (SAR442168), a selective BTK inhibitor aiming to address neuroinflammation in multiple sclerosis (MS). Key presentations will focus on the efficacy and safety of AUBAGIO® and LEMTRADA®, emphasizing their positive clinical profiles. Notable presentations include the effects of teriflunomide on pediatric MS patients and the long-term safety of alemtuzumab.
Sanofi reported its Q2 2020 results with net sales of €8,207 million, down 4.9% year-over-year. Specialty Care sales grew by 17.4%, primarily fueled by Dupixent®, which saw a 70% increase to €858 million. However, COVID-19 impacted sales in Vaccines and General Medicines, with declines of 6.8% and 12.7%, respectively. Business net income rose 3.6% to €1,601 million, while business EPS increased to €1.28. Sanofi revised its full-year 2020 business EPS guidance up to 6%-7%. Key regulatory advancements include Dupixent® approvals in China and for children in the U.S.
Sanofi and The University of Texas MD Anderson Cancer Center announced a five-year strategic collaboration on July 14, 2020, aimed at accelerating the development of cancer treatments. This alliance merges MD Anderson's clinical trial capabilities with Sanofi's investigational drug pipeline, focusing on biomarker-driven studies. The collaboration seeks to optimize patient selection and identify effective therapy combinations, thereby enhancing treatment outcomes for challenging cancers. Initial projects are expected to commence in summer 2020.
