April 18 (Reuters) - French drugmaker Sanofi
said on Thursday it would restructure the U.S. commercial
operations for its vaccines and cut an undisclosed number
of jobs.
Sanofi would implement a "streamlined strategic sales
structure" to better support its customers and patients, it
said without disclosing any details on the changes to be made,
the timeframe and the number of employees to be impacted.
Endpoints News first reported the development on Thursday.
Sanofi CEO Paul Hudson has been trying to build investor
confidence in the company's drug pipeline since he unexpectedly
abandoned 2025 margin targets last October to instead boost drug
development spending.
The company's vaccine portfolio includes preventive shots
for a common respiratory infection in infants, influenza
vaccines, COVID vaccines and vaccines for infections like
meningitis and tetanus.