French pharma major Sanofi (Euronext: SAN) is today outlining its intention to launch high-potential new medicines and vaccines that could result in up to 18 new launches for the company between 2014-2020, at an IR Thematic Seminar on New Medicines in Boston, USA.
According to the company, these new launches have the potential to cumulatively generate greater than 30 billion euros ($37.44 billion) over the first five years of salesand confirm the strong momentum of the company's R&D pipeline and ability to deliver new therapies across a range of therapeutic categories.
"These potential launches affirm Sanofi's strategy, which has been in place since 2008, and clearly demonstrate the strong momentum of Sanofi's R&D pipeline," said Serge Weinberg, chairman of the board and chief executive of Sanofi. "As we move into this period of successive new product launches, we are investing in launch excellence and execution while continuing to fuel innovation to grow our existing pipeline."
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