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Sanofi tolebrutinib failed two phase 3 trials in relapsing form of MS. Sanofi pressed ahead with a filing for tolebib in nrSPMS on the back of the HERCULES trial. The renewed delay has dented investor optimism about a positive outcome. Sanofi shares were down 0.14% at $48.25 during premarket trading on Wednesday. The acquisition augments Sanofis presence in adult immunization. The acquisition augments Sanofis presence in adult immunization by bringing together Dynavaxs vaccines with Sanofas global scale, development capabilities and commercial reach. Sanofi plans to fund the acquisition with available cash resources.
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