Sanofi Shares Fall After Multiple Sclerosis Drug Gets Hit by Double Setback
NegativeHealth

- Sanofi's shares have declined following a U.S. regulatory decision to delay the approval of tolebrutinib, a drug intended for treating multiple sclerosis. This setback comes as a late-stage trial for a different form of the disease failed to meet its primary endpoint.
- The delay in regulatory approval and the trial's failure could significantly impact Sanofi's market position and investor confidence, as the company faces challenges in advancing its multiple sclerosis treatment portfolio amid increasing competition in the pharmaceutical industry.
— via World Pulse Now AI Editorial System
