Sanofi targets eczema-treatment product Dupixent peak sales of over 13 billion euros

Published On 2022-03-29 07:51 GMT   |   Update On 2022-03-29 07:51 GMT

Paris: French healthcare group Sanofi, which lagged rivals in the race for COVID-19 vaccines, raised on Tuesday its peak sales target for eczema-treatment product Dupixent to more than 13 billion euros ($14.3 billion)."This new ambition does not include potential for additional sales ambition upgrade from chronic obstructive pulmonary disease (COPD), with pivotal readouts anticipated in...

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Paris: French healthcare group Sanofi, which lagged rivals in the race for COVID-19 vaccines, raised on Tuesday its peak sales target for eczema-treatment product Dupixent to more than 13 billion euros ($14.3 billion).

"This new ambition does not include potential for additional sales ambition upgrade from chronic obstructive pulmonary disease (COPD), with pivotal readouts anticipated in 2023," Sanofi said in a statement.

This month, analysts at investment bank JP Morgan had said they expected Sanofi to raise its peak sales guidance for Dupixent to about $15 billion.

Read also: Sanofi joins hands with Prellis Biologics

Sanofi is working with British partner GlaxoSmithKline to develop a COVID-19 vaccine.

Sanofi also announced on Tuesday a partnership with U.S company IGM Biosciences in the field of treatments for oncology, immunology and inflammation.

Read also: Sanofi gets Japenese nod for Xenpozyme to treat acid sphingomyelinase deficiency

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Article Source : Reuters

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