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Sanofi (SNY) Presents at Cowen 41st Annual Healthcare Conference (Transcript)

Mar. 02, 2021 5:01 PM ETSanofi (SNY), SNYNF
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Sanofi (NASDAQ:SNY) Cowen 41st Annual Healthcare Conference Call March 2, 2021 1:30 PM ET

Company Participants

Bill Sibold - EVP and Head of Sanofi Genzyme

Frank Nestle - Head of Research and CSO

Conference Call Participants

Steve Scala - Cowen & Co

Steve Scala

Good afternoon and welcome back. We’re very pleased to have with us once again this year Sanofi. Representing the Company is Bill Sibold, who’s Executive Vice President and Head of Sanofi Genzyme; and Frank Nestle, who’s Head of Research and Chief Scientific Officer.

There are many, many positive developments underway at Sanofi, and we’re eager to dive into each and learn more about all of them.

So, without further ado, let me start out with the obligatory big picture question. I guess, I’ll put it to Bill. When you peer in your crystal ball over the next four years, what do you think could emerge from the Biden administration relative to pricing, and what impact would it have on Sanofi?

Bill Sibold

Well, first of all, Steve, thanks for having us here today. It’s a real pleasure, as always a great conference to look forward to. So, it’s nice that despite the challenges with COVID that we still have a chance to get together. And thanks for the question.

So, look, it’s still really early in the administration to know what they will and won’t do. I mean, their focus rightly so now is on COVID-19. And we’re still waiting, I would say, at the moment.

Now, our view is that what the administration really should be focused on is this whole notion of improved affordability for patients. And we know that there’s a lot of work that needs to be done with the system to really improve access and affordability. And we look forward to working with the

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