Sanofi kicks off share buyback plan with $3bn L’Oréal stake purchase
L'Oréal is selling nearly 30 million shares in Sanofi, decreasing its stake in the drugmaker from 9.4% to 7.2%.
03 February 2025
03 February 2025
L'Oréal is selling nearly 30 million shares in Sanofi, decreasing its stake in the drugmaker from 9.4% to 7.2%.
If authorised, Vimkunya would be the first vaccine in the EU to protect adolescents aged 12 to 17 against Chikungunya.
The CDMO has not disclosed how many employees will be affected by the operational wind down.
Eli Lilly achieved the largest market capitalisation growth of 32.4% to $733bn in 2024, driven by strong demand for Mounjaro and Zepbound.
This removal of IRP was described by the Federal Ministry of Health (FMoH) as a natural consequence of changes allowing confidential discounted reimbursement prices.
Roche achieved a sales growth of 7% (3% in CHF) in 2024, citing strong demand for pharmaceutical products.
Gross profit for the quarter stood at €7.84bn, up on €7.43bn in the same period of 2023.
The authorisation is based on week 24 data from an ongoing Phase I/II trial.
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