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Sanofi's diabetes business affected by Q4 falling prices and Covid-19

Sanofi's diabetes business retreated in Q4 of 2020 due to decreased prices and coronavirus.

Photo: FRANCK FIFE/AFP / AFP

French pharmaceutical company Sanofi has published its fiscal report for Q4 2020, and even though the firm reports a 4.2-percent growth in sales for the business leg over the course of the fourth quarter, the picture is less rosy in view of the diabetes business.

The French firm has registered a total 8.4-percent decline in the diabetes business, which brings the revenue for the year's final quarter to EUR 1.087bn (USD 1.3bn).

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