Strong Sobi With New Asset: A Takeover Target For Sanofi?

Swedish rare diseases specialist Sobi has reported strong financials and the acquisition of a rare disease candidate on the verge of US approval. Could partner Sanofi pop the question soon?

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Could Sobi's latest deal make it a juicier target?

With Sobi announcing the acquisition of late-stage orphan drug candidate emapalumab from NovImmune SA just two days after posting better than expected second-quarter sales, concerns about its sustainability are abating somewhat. Long-touted as a potential takeover target for a larger company operating in the rare disease space, Sobi is looking more and more appropriate for Sanofi.

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