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Analysis-Sanofi's new CEO needs to fix drug pipeline and navigate Trump [Yahoo! Finance Canada]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
REUTERS/Heiko Becker/File Photo By Bhanvi Satija and Maggie Fick 4 min read In this article By Bhanvi Satija and Maggie Fick LONDON, Feb 13 (Reuters) - Sanofi's incoming CEO, 65-year-old Belén Garijo, faces a major task to win over investors, accelerate the French company's stalled drug development pipeline and navigate vaccine scepticism in the United States under President Donald Trump. Investors, analysts and other people close to Garijo, who has headed ?Germany's Merck KGaA since 2021, told Reuters she was bold, detail-focused and got things done, but also that she had a mixed record on R&D and the share ?price had dropped during her tenure. Sanofi's stock, down 25% in the last year, fell 3.5% on Thursday after it said CEO Paul Hudson, 58, whose turnaround drive was stymied by a lack of new blockbuster drugs, would step down this ?month to be replaced by Garijo in April. "The CEO change at Sanofi is a sign that R&D transformation has failed or is happening too slow Show less Read more
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