Name of opportunity: 👀
Sanofi
Seems very healthy: 🩺
Yesterday, the French biopharmaceutical company Sanofi announced that it would be investing US$437.24 million by 2030 in its global capacity centre in Hyderabad, India. Already the largest of the company’s GCCs, the centre has 1000 staff currently, but the plan is to double this number.
This a major sign of growth, and there have been other positive developments from Sanofi recently, getting investors interested in the healthcare company. Earlier this month, the company’s drug Dupixent, typically prescribed for asthma and eczema, was approved for use by adults with chronic obstructive pulmonary disease (COPD) in the EU.
How hot is this investment opportunity? 🔥🔥🔥
Sanofi is currently recommended as a ‘Strong Buy’. Analysts predict the price of Sanofi will increase from $50.40 to $59.38 in the next 12 months. If you invested $1000, you might profit $182.53.
Reasons for this include Dupixent being approved for COPD in some countries, which will open up a new avenue of growth for the company. Sanofi is in ‘Above Average’ financial health, which puts it in a good position for future development. Analysts have also noted that the company’s pipeline of drugs in development looks promising, particularly drugs in the immunology segment. Sanofi has recently partnered with US company Novovax to launch a new COVID 19 vaccine, as well as to deliver a new combination flu and COVID vaccine, using technology from both companies.
A dose of Sanofi: 💊
Sanofi is a multinational healthcare and pharmaceutical company with a presence in 100 countries around the world. It was founded in 1973 and is headquartered in Paris, France. More than 100,000 people are employed by Sanofi, which has 70 industrial plants and 20 R&D centres. Its seven areas of focus are: cardiovascular, central nervous system, diabetes, internal medicine, oncology, thrombosis, and vaccines. Sanofi Pasteur, the company’s vaccines division, is the largest company in the world devoted to vaccines.
Which neme?: 🔍
<div class="install-nemo"><a data-property-value="Install Nemo" data-analytics="web_button_click" data-property-from="Blog" href="https://nemo-money.onelink.me/7Z9g/Hotstocks" target="_blank" class="nav-button green-to-yellow w-button">Install Nemo</a></div>
Download Nemo to check out Sanofi
