Sanofi’s second quarter earnings jolted analysts. The French drug maker turned in a lower than expected performance, marked by the fallout of unexpected risks in emerging markets, particularly Brazil and China. On a brighter note, the company termed its second quarter the last to bear the brunt of any significant impact expected from the patent cliff.
The company discovered inappropriate selling practices in Brazil, prompting it to take a one-time knock of $265.48 million (€201 million)...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Pink Sheet for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?