Skip to Main Content

As big-game hunting goes, Sanofi chief executive Olivier Brandicourt is 0-for-2.

Two months ago, Sanofi appeared to be on the verge of acquiring Actelion Pharmaceuticals, which would have been a notable accomplishment for a couple of reasons: Johnson & Johnson had just backed out of negotiations to acquire Actelion and Sanofi had recently lost out on bidding for Medivation, a stinging defeat in a growth strategy that relies on big deals.

Unlock this article by subscribing to STAT+ and enjoy your first 30 days free!