Sanofi Tries To Win Skeptics Over To Its Immunology Masterplan

Investors balked at Sanofi plans to raise R&D spending and eat into profits, so CEO Paul Hudson and new R&D chief Houman Ashrafian need to convince doubters that its immunology focused plan will pay off.  

Sanofi

Back in October, Sanofi spooked investors when it unveiled its strategy to increase R&D investment as its transitions to a pure play biopharma – the prospect of lower profits wiping €20bn ($21bn) off its market value. (Also see "Sanofi Stock Slides On Lower Profit Forecast And Consumer Health Spinoff Plan" - Scrip, 27 October, 2023.)

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