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Sanofi's sales jumped 14.3% last quarter, and the company raised its expectations for the whole year.

ResultsRead the original at morningstar.com
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Sanofi raised its sales and profit forecasts after sales grew, led by Dupixent. Its search for acquisitions ahead of patent expirations signals a pipeline need, but no deal was announced.

SNY · Sanofi

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The AI's read

The stronger sales and profit expectations point to continued demand, led by Dupixent. That gives Sanofi a stronger base for the year. Sanofi is also seeking acquisitions as patent expirations approach. This signals a need to refresh its medicine pipeline, but no deal was announced.

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