Sanofi's diabetes and cardiovascular products drastically missed their sales targets in the first quarter of the year – but the company has high hopes for its R&D pipeline this year and the spotlight is on oncology.
Sanofi Scouting For Cancer Deals, Diabetes Drugs Miss In 1Q
Sanofi is seeking asset deals to bulk up its oncology pipeline in 2017 – specifically, the big pharma is on the lookout for oncology compounds with potential in prostate cancer or breast cancer, the company highlighted during its first-quarter earnings call.

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Emma Walmsley tells Scrip that the "biotech market is under a certain degree of pressure," so reasonably priced deals are available.
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