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Stock impact report

Delayed MS Decision and Trial Miss Add to Sanofi's R&D Challenges [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
Sanofi (NASDAQ:SNY) said on December 15 that a US regulatory decision for its experimental multiple sclerosis drug will be delayed again. On the same day, the company also disclosed weaker-than-expected results from a late-stage clinical study, adding to a difficult stretch for its research pipeline. Analysts said the latest setbacks could weigh on confidence in Sanofi (NASDAQ:SNY)'s future drug portfolio. Earlier this year, the company reported weak results from experimental treatments for eczema and smokers' lungs. That track record has increased pressure on management to find new growth drivers beyond its blockbuster asthma drug Dupixent. Sanofi said the US Food and Drug Administration decision on tolebrutinib, which is being reviewed for non-relapsing secondary progressive multiple sclerosis, will now come after the December 28 action date. That marks a second delay, after the decision was initially expected in September. The company said it expects additional guidance from t Show less Read more
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