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Last updated : 23/09/2026 - 09h30
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Sanofi and Eight Pharmaceutical Giants Call on Europe to Restore Its Competitiveness

In an open letter published on September 22, 2026, the chairmen of nine pharmaceutical groups, including Sanofi, call on national leaders to act to strengthen Europe's attractiveness for sector investments.

The text positions the restoration of European pharmaceutical competitiveness in the face of the United States and China as a strategic priority.


Sanofi and Eight Pharmaceutical Giants Call on Europe to Restore Its Competitiveness

A Joint Call from Nine Chairmen of the Board

The open letter is co-signed by the chairmen of the boards of AstraZeneca, Boehringer Ingelheim, Chiesi Group, Ipsen, GSK, Novo, Novartis, Roche and Sanofi. The signatories present the pharmaceutical sector as one of the continent's successes since the Second World War, built on investment in science and European universities.

They indicate that from their board positions, they observe Europe losing ground to global competition. The text cites more than 600 billion dollars in pharmaceutical investments announced in the United States and China over the past two years.

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The signatories call on national leaders to work with them to reverse the decline in European competitiveness and ensure health sovereignty. They identify as decisive levers the level of health budgets, the speed of evaluation and funding of new medicines, as well as the modernization of health systems.

The text assigns the European Union a facilitating role, through the acceleration of clinical trials, the protection of intellectual property, the adoption of digital policies and greater budgetary flexibility for member states investing in health. The signatories call for modern medicines to be considered as vital infrastructure, on par with defense or energy.



Sector Pharmacie et biotechnologies Vaccins et laboratoires de recherche


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 22 106 millions d'euros
  • Quarterly revenue: 22 106 millions d'euros
  • Revenue growth: 11,1 %
  • Net income: 1 957 millions d'euros
  • Free cash flow: 3 724 millions d'euros
  • 15 513 millions d'euros
Outlook / guidance
  • Expected revenue: 47 989 millions d'euros
  • Management commentary: Sanofi anticipe un taux de croissance autour de 10% à TCC, et prévoit pour le BNPA des activités à TCC une croissance légèrement supérieure à celle des ventes.

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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