Sanofi Secures Approval for Two Innovative Drugs Targeting Heart Disease and High Triglycerides
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: NASDAQ.COM
- Drug Approvals: Sanofi's Myqorzo (aficamten) and Redemplo (plozasiran) have received approval from China's National Medical Products Administration, with Myqorzo targeting obstructive hypertrophic cardiomyopathy and Redemplo aimed at lowering triglyceride levels in patients with familial chylomicronaemia syndrome, marking a significant advancement in the cardiovascular space.
- Myqorzo Mechanism: Myqorzo is a selective small-molecule cardiac myosin inhibitor designed to improve functional capacity and relieve symptoms in patients with obstructive hypertrophic cardiomyopathy, which is the most common monogenic inherited cardiovascular disorder, and is expected to significantly enhance patient quality of life.
- Redemplo Mechanism: Redemplo is a small-interfering RNA (siRNA) medicine that suppresses the production of apoc-III to lower triglyceride levels in patients with familial chylomicronaemia syndrome, helping to reduce the risk of severe complications like acute pancreatitis, highlighting its clinical significance.
- Market Outlook: Sanofi acquired the rights to develop and commercialize Redemplo in Greater China in 2025, demonstrating the company's commitment to the region and is expected to further strengthen its market position in the cardiovascular sector with the launch of these two innovative drugs.
Analyst Views on SNY
Wall Street analysts forecast SNY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SNY is 63.50 USD with a low forecast of 58.00 USD and a high forecast of 69.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 47.200
Low
58.00
Averages
63.50
High
69.00
Current: 47.200
Low
58.00
Averages
63.50
High
69.00
About SNY
Sanofi SA is a France-based healthcare company based in France. The Company focuses on patient needs and engages in the research, development, manufacture, and marketing of therapeutic solutions. Its three operating segments are: Pharmaceuticals, Consumer Healthcare (CHC), and Vaccines. The Pharmaceuticals includes: Immunology, Multiple Sclerosis / Neurology, Oncology, Rare Diseases, Rare Blood Disorders, Cardiovascular, Diabetes, Established Prescription Products. The Vaccines segment comprises, for all geographical territories, the commercial operations of Sanofi Pasteur, together with research, development, and production activities dedicated to vaccines. The CHC segment comprises the commercial operations for Sanofi’s Consumer Healthcare products, together with research, development and production activities dedicated to those products. The Company’s products developed in collaboration or franchise include Dupixent, Aubagio, Lemtrada, Cerezyme, Lumizyme, Jevtana, Fabrazyme.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
