1 Big Pharma Leaps Past Hurdle

Earlier this week, drugmaker Sanofi (NYSE: SNY  ) won approval for its multiple sclerosis treatment Lemtrada in the European Union. While the drug has yet to get the green light in the U.S., it is a key addition to Sanofi's multiple sclerosis lineup, which also includes the oral medication Aubagio. But can the company compete with Biogen (NASDAQ: BIIB  ) and its recently launched MS medication Tecfidera? Analysts David Williamson and Max Macaluso discuss this market in the following video.

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Editor's note: At 6:36, the speaker incorrectly states that Sanofi had a partnership with Rigel Pharmaceuticals. The Fool regrets the error.

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  • Report this Comment On October 03, 2013, at 12:55 PM, ikkyu2 wrote:

    Lemtrada reduces disability, the only MS drug shown to do so, and requires only 6 infusions: 3 in one week at therapy start, 3 in one week at therapy end a year later.

    Initial profits from the drug will be diverted to paying dividends for a warrant called GCVRZ because Sanofi and Genzyme could not agree on the drug's value during the former's acquisition of the latter.

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