Multiple myeloma data sends Sanofi shares upwards

5 February 2019

French pharma major Sanofi (Euronext: SAN) closed the day 1% up on Tuesday after revealing results on its multiple myeloma hopeful isatuximab.

Billed as a potential rival to Janssen’s Darzalex (daratumumab), isatuximab is Sanofi’s in-house asset targeting a specific epitope of CD38 capable of triggering multiple, distinct mechanisms of action that are believed to promote programmed tumor cell death and immunomodulatory activity.

"These results represent significant progress"

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Chairman, Sanofi Aventis UK