Sanofi Drug Shows Promise in Asthma After Blood Disorder Success [BNN Bloomberg (Canada)]
Sanofi - American Depositary Shares (SNY)
US:NYSE Investor Relations:
sanofi.com/en/investors
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Source: BNN Bloomberg
The therapy, called rilzabrutinib, helped adults better control their asthma and alleviated symptoms in a mid-stage study, Sanofi said in a statement Wednesday. The results were positive for groups that received both a high dose and a low dose of the oral treatment during a 12-week study, with improvements seen as soon as the second week, Sanofi said. Sanofi is pushing a dozen potential top-selling medicines through costly clinical trials. Chief Executive Officer Paul Hudson has pointed to treatments like rilzabrutinib to justify his surprise decision in October to ramp up drug-development spending. The strategy shift caught investors off guard since it meant abandoning some older profit targets. Last month, Sanofi said rilzabrutinib had cleared a late-stage trial of patients with a rare blood disorder. A so-called BTK inhibitor, the drug targets cells in the body that play a critical role in the immune system. Sanofi is also testing the medicine in other immune-mediated diseases
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Sec Filings
- 6/11/24 - Form 6-K
- 5/30/24 - Form 6-K
- 5/28/24 - Form 6-K
- SNY's page on the SEC website