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Sanofi bets big on dengue vaccine

Mar. 25, 2014 8:57 AM ETSanofi (SNY) StockSNYBy: Douglas W. House, SA News Editor
  • Despite disappointing early trials data, Sanofi (NASDAQ:SNY) rolls the dice and starts production of its dengue fever vaccine. The firm has invested more than 300 million euros in a manufacturing plant near Lyon. It began producing the vaccine in July.
  • In 2012, trial data in Thailand showed that the vaccine failed to protect against one of the four main strains of the disease, the most prevalent at that time.
  • Phase 3 data involving 30,000 children in Latin America and southeast Asia should start coming in by mid-year. If positive, the firm hopes to begin sales in 2015 in at least one country that participated in the trial.
  • Despite the uncertainty, analysts believe peak sales could reach 1 billion euros.

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