Sanofi's Approved Blood Cancer Drug Sarclisa Shows Improved Progression-Free Survival In Patients Eligible For Transplant
Portfolio Pulse from Vandana Singh
Sanofi SA (NASDAQ:SNY) reported positive results from the GMMG-HD7 phase 3 study of Sarclisa in combination with other drugs for treating multiple myeloma. The study showed significant improvement in progression-free survival. The FDA has accepted a supplemental Biologics License Application for Sarclisa, with a decision expected by September 27, 2024.
August 08, 2024 | 4:23 pm
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Sanofi's Sarclisa has shown significant improvement in progression-free survival in multiple myeloma patients, with a supplemental Biologics License Application under Priority Review by the FDA. The decision is expected by September 27, 2024.
The positive results from the phase 3 study and the FDA's Priority Review of the supplemental Biologics License Application are likely to boost investor confidence in Sanofi. The stock price may see a positive impact in the short term as the market reacts to the promising data and upcoming regulatory decision.
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