© Reuters. FILE PHOTO: Sanofi brand on the firm’s headquarters in the course of the annual outcomes information convention in Paris, France, February 4, 2022. REUTERS/Benoit Tessier
PARIS (Reuters) -French healthcare group Sanofi (NASDAQ:), which lagged rivals within the race for COVID-19 vaccines, raised on Tuesday its peak gross sales goal for eczema-treatment product Dupixent to greater than 13 billion euros ($14.3 billion).
“This new ambition doesn’t embody potential for extra gross sales ambition improve from power obstructive pulmonary illness (COPD), with pivotal readouts anticipated in 2023,” Sanofi mentioned in an announcement.
This month, analysts at funding financial institution JP Morgan had mentioned they anticipated Sanofi to boost its peak gross sales steering for Dupixent to about $15 billion.
Sanofi is working with British associate GlaxoSmithKline (NYSE:) to develop a COVID-19 vaccine.
Sanofi additionally introduced on Tuesday a partnership with U.S firm IGM Biosciences (NASDAQ:) within the area of therapies for oncology, immunology and irritation.
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