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Wednesday, April 22, 2026

Sanofi's Q1 net sales up by 6.2% to €10.5 billion

 Sanofi SA revealed on Thursday that its net sales in the first quarter of the fiscal year 2026 saw an annual rise of 6.2% and 13.6% at the constant exchange rate (CER), to reach €10.5 billion.

The company's net income, calculated according to the International Financial Reporting Standards (IFRS), came in at €1.6 billion, and its IFRS earnings per share (EPS) at €1.34, down 11.8% on a yearly basis. Meanwhile, its business net income rose by 2.4%, or 11.1% at CER, to €2.3 billion, and its business EPS jumped by 5% and14% at CER, to €1.88. In the first quarter, Sanofi's gross profit rose 6.1% and 14.4% at CER, to €8.2 billion.

"We had a strong start to 2026 with double-digit sales and business EPS growth. Sales increased by 13.6%, supported by Pharma launches and recent acquisitions ... We obtained five regulatory approvals, all in immunology, achieved one positive phase 3 study readout for venglustat in rare diseases, and reported encouraging phase 2 data for lunsekimig in respiratory diseases," Interim CEO Olivier Charmeil said.

https://breakingthenews.net/Article/Sanofi's-Q1-net-sales-up-by-6.2-to-euro10.5-billion/66130413

Nerve stimulation device maker Mobia Medical files for a $100 million IPO

Mobia Medical, which sells a nerve stimulation device for chronic ischemic stroke, filed on Friday with the SEC to raise up to $100 million in an initial public offering.

Mobia's Vivistim Paired Vagus Nerve Stimulation System is the first and only clinically-validated, FDA-approved solution for chronic ischemic stroke survivors with moderate to severe upper extremity impairments. The system includes an implanted pulse generator and lead that deliver stimulation during functional movement in order to increase neuroplasticity and durably restore motor function. Management estimates that there are over four million chronic ischemic stroke survivors, of which one million have the health, cognition, and motivation to participate in post-stroke therapy, representing a $30 billion opportunity based on the system's price.

The Austin, TX-based company was founded in 2007 and booked $32 million in revenue for the 12 months ended December 31, 2025. It plans to list under the symbol MOBI. Mobia Medical filed confidentially on January 21, 2026. BofA Securities, J.P. Morgan, and Goldman Sachs are the joint bookrunners on the deal. No pricing terms were disclosed.

Emergency medical services provider GMR Solutions files for an estimated $1.0 billion IPO

 GMR Solutions, which is leading provider of emergency medical services and alternate-site care in the US, filed on Friday with the SEC to raise up to what we estimate could be $1.0 billion in an initial public offering.


Formed in 2018 through the merger of Air Medical Group Holdings and American Medical Response, GMR Solutions is a provider of emergency medical services and out-of-hospital care in the United States and internationally. The company delivers on-site clinical care through trained medical teams and coordinates patient transport via air and ground ambulance when higher levels of care are required, or directs non-emergent patients to lower-acuity settings. Its operations span a broad network of urban and rural communities, functioning as an entry point into the healthcare system and supporting care delivery across a range of emergency and non-emergency situations.

The Lewisville, TX-based company was founded in 2018 and booked $5.7 billion in revenue for the 12 months ended December 31, 2025. It plans to list on the NYSE under the symbol GMRS. GMR Solutions filed confidentially on October 28, 2025. J.P. Morgan, KKR, BofA Securities, Barclays, Goldman Sachs, Citi, Evercore ISI, Morgan Stanley, and UBS Investment Bank are the joint bookrunners on the deal.

Healthcare REIT National Healthcare Properties prices IPO at $12, below the range

 National Healthcare Properties, a healthcare REIT focused on outpatient medical and senior housing properties, raised $462 million by offering 38.5 million shares at $12, below the $13 to $16 range.


National Healthcare Properties is a self-managed real estate investment trust that owns a portfolio of senior housing and healthcare properties across 29 states. The company operates through two primary segments: Senior Housing Operating Properties, which consists of assisted living and memory care communities operated under RIDEA structures, and Outpatient Medical Facilities, which comprises medical office buildings largely affiliated with or adjacent to hospital systems. The SHOP portfolio is managed through third-party operators, while the OMF segment transitioned to in-house property management in 2025. Top MSAs include Philadelphia, Orlando, and Miami. The REIT was previously managed by AR Global, prior to its 2024 internalization. The company plans to pay a quarterly distribution.

The New York, NY-based company will trade on the Nasdaq under the symbol NHP. Wells Fargo Securities, Morgan Stanley, BMO Capital Markets, Goldman Sachs, RBC Capital Markets, Baird, Capital One Securities, Fifth Third Securities, Huntington Investment, and KeyBanc Capital Markets acted as joint bookrunners on the deal.

U.S. Deploys Ukrainian Acoustic Sensors, Interceptor Drones At Prince Sultan Air Base

 Last month's Iranian drone strike on Prince Sultan Air Base in Saudi Arabia appears to have inflicted a costly toll on U.S. forces in the region. The attack destroyed a U.S. Air Force E-3 Sentry Airborne Warning and Control System aircraft and damaged multiple KC-135 refueling tankers, highlighting a major gap in U.S. air defenses against cheap attack drones.

Nearly a month after the drone strike on Prince Sultan Air Base, and following multiple reports that Ukrainian drone forces had been shifted into the region, Reuters confirmed Wednesday morning that the U.S. has deployed Ukrainian counter-drone technology to defend against Iranian-developed Shahed drones.

At the center of this new security effort to fortify the airspace above Prince Sultan Air Base against low-cost Iranian one-way attack drones is Sky Map, a Ukrainian command-and-control platform used to detect incoming drones. The coordinated response to Shaheds is the use of interceptor drones.

"There have been longstanding gaps in U.S. air and missile defense coverage around the world," said Timothy Walton, a senior fellow at the Washington-based Hudson Institute think tank. "This has been well understood. However, it hasn't been addressed."

Ukrainian drone experts reportedly traveled to the base in recent weeks to train U.S. personnel on Sky Map and the use of interceptor drones.

Sky Fortress, the Ukrainian company behind Sky Map, has been active extensively in the Eastern European theater, with more than 10,000 acoustic sensors deployed to detect Russian drone attacks.

The bigger story here is that Ukraine is emerging as a major dealer of the latest low-cost weapon technology forged through four years of war with Russia:

Our assessment is that, if we had to get granular, passive acoustic counter-drone detection will become a standard layer of air defense for U.S. military bases, data centers, critical U.S. infrastructure, and government buildings in the years ahead. As cheap attack drones proliferate, adopting passive acoustic sensing systems for early warning will help close the air-defense gap against them. Just wait until these early-detection systems are paired with 'micro' sentry guns and fully automated AI kill chains.

https://www.zerohedge.com/military/us-deploys-ukrainian-acoustic-sensors-interceptor-drones-prince-sultan-air-base-plug

Pivotal trial of Moderna's H5N1 bird flu jab gets underway

 The first volunteers in a large-scale trial of Moderna's mRNA-based vaccine against bird flu – long considered to be a pandemic threat – have received shots in the UK and US.

The mRNA-1018 shot targets a new strain of the H5N1 strain of the influenza virus that has been decimating bird populations around the world over the last few years, and has also caused problems with livestock and killed hundreds of people around the world.

While the threat to humans is still considered to be low at the moment, with most cases resulting from close contact with infected birds and poultry, there is a risk that a mutation in the virus could make it more easily transmissible between species and lead to a serious outbreak.

Experience with the COVID-19 pandemic has shown that mRNA vaccines – which can be produced more quickly at scale than conventional shots – are a key technology that can underpin a response to an emerging pandemic threat.

The phase 3 trial of mRNA-1018 will evaluate the vaccine's safety and immunogenicity in around 4,000 healthy adults aged 18 years and older in the UK and US, with volunteers now being sought from poultry industry workers and the over-65s, who are most at risk.

"The first-of-its-kind pivotal trial of an mRNA-based pandemic influenza vaccine underscores the potential of this technology to reshape how we confront emerging pathogens," said Dr Richard Hatchett, chief executive of the Norway-headquartered Coalition for Epidemic Preparedness Innovations (CEPI), which coordinates projects between public, private, philanthropic, and civil organisations.

"If successful, these efforts could transform our ability to respond swiftly and equitably to one of the world's most enduring threats," he added.

Earlier this year, UK trials also started of various vaccines designed to protect livestock from avian influenza, focusing initially on turkeys.

Around three-quarters of the subjects in the mRNA-1018 trial will be recruited in the UK, reflecting Moderna's close relationship with the country, where it opened a flagship pandemic vaccine facility last year. Arguably at least, that split also reflects the prevailing climate of vaccine scepticism in the US, particularly for mRNA shots, which have had their safety and efficacy questioned and federal funding cut under HHS Secretary Robert F Kennedy Jr.

The primary endpoints will be safety and serological measures of efficacy, including the formation of antibodies against the virus. If successful, the results will be combined with data from trials of Moderna's recently filed seasonal influenza vaccine, mRNA-1010, in regulatory filings, said the company.

If mRNA-1018 gets approved for marketing, Moderna has pledged to provide 20% of its manufacturing capacity to low- and middle-income countries at affordable pricing, as part of an agreement with CEPI, which stepped in to fund the project after US federal funding was withdrawn.

"Most people do not have any pre-existing immunity to the H5N1 viruses [and] as we saw during the COVID pandemic, when people lack immunity, viruses spread faster and cause more disease," commented Prof John Tregoning, a vaccine immunology expert at Imperial College London.

There is a need to prepare against a species jump to humans, and "vaccines are a key part of this preparation," he added.

https://pharmaphorum.com/news/pivotal-trial-modernas-h5n1-bird-flu-jab-gets-underway

FDA delays decision on Sanofi's subcutaneous Sarclisa

 The FDA has extended its review of a new subcutaneous formulation of Sanofi's multiple myeloma therapy Sarclisa – which has long played second fiddle to Johnson & Johnson's blockbuster rival Darzalex – by three months.

The US regulator was due to deliver a verdict shortly, but has now set an action date of 23rd July for its review of the new on-body injector (OBI) formulation of the anti-CD38 antibody, which is currently delivered by intravenous infusion.

Sarclisa (isatuximab) has been approved in the US since 2020, initially for relapsed/refractory multiple myeloma before moving into the frontline setting in 2024, and saw sales grow 28% to €588 million ($690 million) last year.

That is eclipsed by Darzalex (daratumumab), however, which made almost $4 billion in the first quarter of this year alone, and is available in both IV and subcutaneous (Darzalex Faspro) formulations.

The OBI version of Sarclisa could go some way to narrowing the canyon between the two drugs, and Sanofi has filed for approval of the new version across all of the drug's current indications.

The company did not give any explanation for the decision to extend the review, merely saying it is "committed to working closely with the FDA to bring this new advancement to patients and providers as quickly as possible."

The Sarclisa OBI – which uses a device developed by Enable Injections that can deliver high volumes of liquid therapies subcutaneously using a hidden, retractable needle – has already been recommended for approval in the EU across all the IV version's indications, with a final decision due in the coming months.

Data presented at last year's ASCO cancer congress showed that Sarclisa OBI was as effective as the current IV formulation when used as a second-line therapy for multiple myeloma, with a reduced treatment time and equivalent safety.

Tzield label widened

Sanofi announced better news from the FDA this morning with the approval of Tzield (tislelizumab), its first-in-class anti-CD3 antibody for delaying the progression of type 1 diabetes (T1D), in children as young as one. It was previously indicated only for patients aged eight and over.

The broader label has been approved on the strength of the PETITE-T1D phase 4 study, which showed young children with stage 2 T1D who were treated with the drug were less likely to progress to stage 3, where clinical symptoms like excessive thirst, frequent urination, weight loss, and fatigue start to occur.

Sanofi acquired Tzield when it bought Provention Bio for $2.9 billion in 2023. Sales of the drug in the US have been slow to take off, but grew 22% to €63 million last year, with a recent approval in Europe (as Teizield) expected to inject some additional momentum. Analysts have suggested that, in time, it could become a $1 billion-a-year brand, with approval in younger children the key to achieving that commercial potential.

https://pharmaphorum.com/news/fda-delays-decision-sanofis-subcutaneous-sarclisa