Sanofi in 5.4% US price hike limit pledge to help a 'system in tension'

10 May 2017

Olivier Brandicourt, the chief executive of French pharma major Sanofi (Euronext: SAN), has written an open letter promising to limit the company’s US price rises.

Dr Brandicourt cites the need for every player in the ‘long and complex’ US pharmaceutical value chain to play a part in making the system sustainable in explaining the reasons for the pricing pledge.

"Complexity is undermining the reputation of an entire industry whose purpose is to make a positive change in patients’ lives"

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