French authorities began checking Sanofi on suspicion of market manipulation – Kommersant

French authorities began checking Sanofi on suspicion of market manipulation - Kommersant

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Today, November 7th, is known, that the French Office for Combating Financial and Economic Crimes (PNF) has launched an investigation into the country’s leading pharmaceutical company Sanofi. It is reported that we can talk about the events of 2017, when the company launched its anti-inflammatory drug Dupixent on the market. According to CNBC, authorities could suspect the company “of disseminating false or insufficiently reliable information and attempting price manipulation.” There are no more detailed data on the position of the authorities yet.

Sanofi itself stated that it had no information about any investigation by the PNF. “As a public company, we can say that all financial information published by Sanofi is accurate and reliable. This information is verified by two audit firms. We reserve the right to take legal action against the dissemination of any false or defamatory accusations against us,” the company noted.

Evgeny Khvostik

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