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SNY - Kyowa Kirin: Agreement With Amgen Points To A Blockbuster Drug
July, 25 2021 09:42 PM
Sanofi
Early indications show that Kyowa Kirin has a blockbuster drug with KHK4083, a treatment for severe atopic dermatitis (eczema). Phase 2 trials have shown encouraging results and the agreement to jointly develop and commercialize the drug with Amgen is a positive signal. With both short and longer term earnings visibility and no major patent expirations until mid-2030, we are bullish on the shares. For further details see:
Kyowa Kirin: Agreement With Amgen Points To A Blockbuster Drug
Stock Information
Company Name:
Sanofi
Stock Symbol:
SNY
Market:
NASDAQ
Website:
sanofi.com
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