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FDA Currently Denies Authorization for Sanofi's Tolebrutinib

Sanofi has received a complete response letter from the U.S. FDA regarding its application for marketing authorization of tolebrutinib in the treatment of non-relapsing secondary progressive multiple sclerosis. This decision comes after the agency had previously granted the drug candidate an innovative drug designation.


FDA Currently Denies Authorization for Sanofi's Tolebrutinib

Complete Response Letter Issued

The Food and Drug Administration issued a complete response letter for the authorization request of tolebrutinib intended for the treatment of non-relapsing secondary progressive multiple sclerosis in adults, Sanofi announced in a statement on December 24, 2025. The pharmaceutical group described this decision as a significant shift from the agency's previous feedback. On December 15, 2025, the laboratory had specified that the regulatory review would continue beyond the target action date of December 28, 2025, and that new FDA guidance was expected before the end of the first quarter of 2026. At the request of the American agency, Sanofi had also submitted an expanded access protocol for tolebrutinib for this indication.

International Approvals and Ongoing Reviews

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Tolebrutinib, an orally administered Bruton's tyrosine kinase inhibitor, received provisional approval in the United Arab Emirates in July 2025 for the treatment of non-relapsing secondary progressive multiple sclerosis and to slow the accumulation of disability independent of relapse activity in adults, according to the statement. The drug candidate is currently under regulatory review in the European Union and other jurisdictions worldwide. The experimental drug is designed to target neuroinflammation, a factor in the progression of disability in multiple sclerosis, the company specifies.

Financial Implications and Future Outlook

Sanofi is conducting an impairment test in accordance with IFRS standards on the intangible asset value related to tolebrutinib, with the status to be communicated along with the fourth quarter and full year 2025 results in January 2026, the group indicates. The outcome of this test will have no impact on the net result of operations or on the net earnings per share of operations, the company specifies. The financial outlook for 2025 remains unchanged, according to the statement. The laboratory declares it remains determined to work with the FDA to find a path forward for tolebrutinib.



Sector Santé · Pharmacie Industrie Pharmaceutique


Assurance vie

Context

Period
  • Period: 2025
Key reported figures
  • Revenue: 43 626 millions d'euros
  • Revenue growth: 9,9 %
  • Net income: 9 555 millions d'euros
  • Free cash flow: 8 089 millions d'euros
  • Net debt: 11 008 millions d'euros
  • Dividend per share: 4,12 €
Outlook / guidance
  • Expected revenue: Le chiffre d'affaires 2026 devrait croître à un chiffre élevé à taux de change constants.
  • Management commentary: Pour 2026, Sanofi anticipe une croissance solide et rentable et prévoit un programme de rachat d'actions d'un montant d'un milliard d'euros en 2026; un dividende de 4,12 euros est proposé.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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