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News » October 2005

Sanofi's Acomplia May Avoid FDA Panel

October 11, 2005

1312 GMT [Dow Jones] Hopes are rising for an FDA approval of Sanofi-Aventis's (SNY) Acomplia without a panel meeting, says Morgan Stanley. Sanofi-Aventis needs to be invited 60 days prior to any panel and Endocrine and Metabolic Drug Advisory Panel is scheduled for 12, 13 and 14 December, notes the bank. Absence of an invitation could translate into further positive momentum as the stock continues to play valuation catch up, says bank. It rates Sanofi overweight with an EUR80 price target. Shares +0.4% at EUR70.15 (LAF)


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