Sanofi shares are trading higher following new Phase 2 results for Rilzabrutinib in moderate-to-severe asthma, showing potential for advancement to Phase 3.
Portfolio Pulse from Benzinga Newsdesk
Sanofi shares are trading higher following new Phase 2 results for Rilzabrutinib in moderate-to-severe asthma, showing potential for advancement to Phase 3.
May 22, 2024 | 5:28 pm
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Sanofi shares are trading higher due to positive Phase 2 results for Rilzabrutinib in moderate-to-severe asthma, indicating potential for Phase 3 trials.
The positive Phase 2 results for Rilzabrutinib suggest a significant advancement in Sanofi's drug pipeline, which is likely to boost investor confidence and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100