MedWatch

Sanofi's diabetes business shrinks again

Last year's stockpiling due to the covid-19 outbreak has had a severe impact on Sanofi's diabetes business in the first quarter of the year. The French pharmaceutical company has been forced to admit that this business leg has shrunk once again.

Photo: CHARLES PLATIAU/Reuters / X00217

The diabetes business leg of French pharmaceutical company Sanofi has decreased in size in the first three months of the year, according to the Q1 quarterly report which was published early Wednesday.

Sanofi's total sales of diabetes drugs fell by 1.7 percent in the first quarter, landing at EUR 1.2bn (USD 1.4bn).

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