Sanofi
🇫🇷France
- Country
- 🇫🇷France
- Ownership
- Public
- Employees
- 87.9K
- Market Cap
- $141.3B
- Website
- http://www.sanofi.com
- Introduction
Sanofi engages in the research, production, and distribution of pharmaceutical products. It operates through the following business segments: Pharmaceuticals, Consumer Healthcare, and Vaccines. The Pharmaceuticals segment comprises the commercial operations of the following global franchises: specialty care, diabetes and cardiovascular, established prescription products and generics, and research, development, and production activities. The Consumer Healthcare segment includes the commercial operations for its Consumer Healthcare products. The Vaccines segment consists commercial operations of Sanofi Pasteur. The company was founded in 1973 and is headquartered in Paris, France.
Q1 2024 Exscientia PLC Earnings Call
Exscientia's Q1 2024 update highlights progress in AI-driven drug design, automation, and pipeline development, including advancements in CDK7, LSD1, and MALT1 inhibitors. The company expects to save $40M annually from 2025, extending cash runway into 2027, and emphasizes partnerships and operational efficiencies.
Sanofi enters partnership to enhance drug development using AI
Sanofi partners with Formation Bio and OpenAI to use AI for faster drug development, combining data, software, and AI models. This collaboration aims to create custom solutions throughout the drug development lifecycle, marking a pioneering effort in the pharmaceutical industry to leverage AI at scale for innovative treatments.
20 Fastest Growing Health Tech Companies in the World
The digital health market, valued at $180.2 billion in 2023, is expected to grow to $549.7 billion by 2028, driven by technologies like mHealth, telehealth, and digital therapeutics. Key players include DexCom and Teladoc Health, with the US market leading at $88 billion in 2023. Telemedicine and wearable devices are pivotal, with the telemedicine market projected to reach $286.22 billion by 2030. Precision medicine and medical imaging technologies are also transforming healthcare, with companies like Merck & Co., Sanofi, and AstraZeneca leading in innovation and growth.
Denali Therapeutics Reports First Quarter 2024 Financial
Denali Therapeutics reported Q1 2024 financials, highlighting progress in neurodegenerative and lysosomal storage disease treatments. Key updates include positive clinical data for tividenofusp alfa in MPS II, DNL343's Phase 2/3 ALS trial enrollment completion, and advancements in Parkinson’s and Alzheimer’s therapies. The company raised $500M in financing, focusing on BBB-crossing therapeutics.
Press Release: Rilzabrutinib LUNA 3 phase 3 study met its primary endpoint
Rilzabrutinib's LUNA 3 phase 3 study met its primary endpoint, showing significant durable platelet response in ITP patients. Regulatory submissions in the US and EU are expected by year-end. Rilzabrutinib, part of Sanofi's immunology pipeline, is also being studied for other immune-mediated diseases.
Global Clinical Trials Market Research Report 2024
The global clinical trials market is projected to grow from $55.2 billion in 2023 to $83.16 billion by 2030, at a CAGR of 6.03%. Growth is driven by technological advancements, precision medicine, and the increasing burden of diseases. North America leads due to high R&D expenditure and robust regulatory frameworks. Oncology dominates the indication segment, with Phase III trials holding the largest market share. Interventional studies lead by study material, fueled by the demand for improved diagnostics and vaccines.
Global Clinical Trials Market Research Report 2024: An $83.16 Billion Projection
The global clinical trials market is projected to grow from US$55.20 billion in 2023 to US$83.16 billion by 2030, at a CAGR of 6.03%. Growth is driven by technological advancements, precision medicine, and the increasing burden of diseases. North America leads due to high R&D expenditure and a robust regulatory framework. Phase III trials dominate, with oncology being the leading indication. Interventional studies are the most prevalent, fueled by the need for improved diagnostics and vaccines.
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The golden age of biotechnology is marked by scientific advances in disease treatment and prevention, offering investment opportunities. Key companies like Axsome Therapeutics, Exelixis, Intellia Therapeutics, Regeneron Pharmaceuticals, Vertex Pharmaceuticals, and Twist Bioscience are leading with innovative drugs and technologies. The COVID-19 pandemic has further accelerated biotech advancements, especially in treatments and vaccines.
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The global biotechnology market, valued at USD 1.54 Trillion in 2023, is projected to reach USD 5.68 Trillion by 2033, growing at a CAGR of 13.95%. Growth is driven by government support, personalized medicine, COVID-19 vaccine development, agricultural biotech applications, and advancements in gene editing and synthetic biology. North America leads the market, while Asia Pacific is expected to grow the fastest.
Sanofi hits reset on drug from $2.5B deal after ‘lower than projected’ efficacy in trials
Sanofi's cancer drug SAR444245, part of a $2.5B acquisition, returns to Phase 1/2 testing due to lower than expected efficacy, leading to a €1.6B impairment. The IL-2 based therapy aims for a safer, effective cancer treatment amidst competition from other biotechs innovating IL-2 therapies.
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