Development DelaysImvotamab data pushed to mid-2025 to provide a more meaningful update.
Market Potential ConcernsData for T cell engagers (TCEs) in autoimmune diseases is still very nascent, and physicians we have spoken to so far mostly have low expectations for the addressable patient population.
Strategic Focus ShiftSanofi has clearly shifted focus on I&I, as pulling away from early stage oncology investments, evident by planned divesture of Amunix and closure of Kiadis.