BofA Analyst Comments on Sanofi's Leadership Change
Sanofi (NASDAQ:SNY) announced the appointment of Dr. Paulo Fontoura as its new Executive Vice President, Global Head of Research & Development Pharma, replacing Dr. Houman Ashrafian effective September 1. BofA analyst Sachin Jain expects a positive investor reaction to this leadership update but notes that it may take several years for tangible results.
Tickers: $SNY
Topics: Healthcare Pharmaceuticals R&D Leadership