Sanofi: Settlement with Lilly about SoloStar litigation
BUY, Fair Value EUR103 vs. EUR102 (+22%)Sanofi and Lilly have settled their patent dispute in the US. As a consequence, biosimilar Lantus SoloStar will not hit the US market before mid December next year. 2016 is therefore likely to be clean of major headwinds and Sanofi is given 6 extra months to transform its Diabetes franchise.
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