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Sanofi escapes massive EU fine over flu vaccine claims

Original: sanofi

Sanofi was suspected of disparaging a rival company's flu vaccine, and the European Commission in Brussels has dropped the case without imposing a colossal fine. In exchange, the French pharmaceutical giant has offered commitments on its conduct. Separately, JP Morgan rates the stock neutral, keeping investor attention on the company.

Why now: Sanofi avoided a large EU antitrust fine by agreeing to commitments, a major development for the pharma group.

SanofiEuropean CommissionJP MorganBrussels

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