Sanofi S.A. – Company Overview
Company | Sanofi S.A. |
Headquarters | 54, Rue La Boétie, 75008 Paris, France |
CEO | Olivier Brandicourt |
CFO | Jérôme Contamine |
Industry | Pharmaceutical |
Type | Public |
Founder | Jean-François Dehecq and Jean-René Sautier |
Founded | 1973 |
NYSE stock symbol | SNY |
Net Sales | €34,542 million EUR (2015) |
Operating income | €5,624 million EUR (2015) |
Net income | €4,388 million EUR (2015) |
Employees | 115,631 (2015) |
Website | http://en.sanofi.com/ |
IR contact number | +33 (0)1 53 77 40 00 |
IR email address | [email protected] |
Sanofi S.A. focuses on the development and production of prescription drugs, over-the-counter drugs, and vaccines. Some of its most notable products are:
- Zolpidem (Ambien) – an anxiolytic sedative
- Glimepiride (Amaryl) – a sulfonylureas drug for type 2 diabetes mellitus
- Enoxaparin (Lovenox) – drug for thrombosis
- Insulin (Lantus) – drug for diabetes
In 1973 Sanofi was created as a subsidiary of Elf Aquitaine (French oil company) following its acquisition of the pharmaceutical company Labaz.
In 1999 Sanofi merged with a former subsidiary of L’Oréal called Synthélabo, to create Sanofi-Synthélabo.
In 2004 Sanofi-Synthélabo merged with Aventis and changed its name to Sanofi-Aventis.
However, in 2011 the company decided to remove the -Aventis suffix. Partly because Sanofi (on its own) is easier to pronounce in countries such as China.
Sanofi has acquired the following companies since 2009:
- Zentiva
- Medley (A Brazilian pharmaceutical company)
- Chattem, Inc.
- BMP Sunstone Corporation
- Genzyme Corporation (a biotechnology group)
Sanofi is the result of several mergers and acquisitions.
Sanofi S.A. – Financial Results
Key figures (in millions of EUR) | 2015* | 2014* |
Net sales | €34,542 | €31,694 |
Gross profit | €23,942 | €21,769 |
Operating income | €5,624 | €6,064 |
Net income | €4,388 | €4,509 |
Total assets | €102,321 | €97,392 |
Cash and cash equivalents at beginning of period | €7,341 | €8,257 |
Cash and cash equivalents at end of period | €9148 | $7,341 |
*For the years ended December 31, 2015 and 2014
Source: “Sanofi S.A. – 2015 Form 20-F”