{"id":620309,"date":"2026-02-12T00:27:40","date_gmt":"2026-02-12T08:27:40","guid":{"rendered":"https:\/\/nai500.com\/?p=620309"},"modified":"2026-02-12T00:27:40","modified_gmt":"2026-02-12T08:27:40","slug":"sanofi-sny-hudson-merck-garijo","status":"publish","type":"post","link":"https:\/\/nai500.com\/zh-hant\/blog\/2026\/02\/sanofi-sny-hudson-merck-garijo\/","title":{"rendered":"Sanofi (SNY) \u89e3\u8077\u57f7\u884c\u9577 Hudson\uff0c\u5f9e Merck \u5ef6\u652c Garijo"},"content":{"rendered":"

Sanofi \u4ee5\u4e00\u5834\u63a5\u8fd1\u9031\u671f\u5c3e\u8072\u7684\u9818\u5c0e\u5c64\u6539\u7d44\u9707\u64bc\u6b50\u6d32\u85e5\u5ee0\u5708\uff0c\u5ba3\u5e03\u81ea 2 \u6708 17 \u65e5\u8d77\u89e3\u9664\u57f7\u884c\u9577 Paul Hudson \u7684\u8077\u52d9\uff0c\u56e0\u70ba\u591a\u5e74\u4f86\u5927\u91cf\u7684\u7814\u767c\u6295\u5165\u672a\u80fd\u8f49\u5316\u70ba\u77ed\u671f\u6210\u6548\u3002\u8463\u4e8b\u6703\u4efb\u547d\u4e00\u822c\u85e5\u54c1\u90e8\u9580\u4e3b\u7ba1 Olivier Charmeil \u70ba\u4ee3\u7406\u57f7\u884c\u9577\uff0c\u540c\u6642\u8a08\u756b\u5728 Sanofi \u65bc 4 \u6708 29 \u65e5\u7684\u80a1\u6771\u5927\u6703\u5f8c\u7531\u73fe\u4efb Merck KGaA \u57f7\u884c\u9577 Bel\u00e9n Garijo \u63a5\u4efb\u3002\u6b64\u8209\u7d42\u7d50\u4e86\u6578\u6708\u4f86\u6295\u8cc7\u4eba\u5c0d\u505c\u6eef\u8a66\u9a57\u3001\u5e73\u6de1\u7684\u4ea4\u6613\u7bc0\u594f\uff0c\u4ee5\u53ca\u5c0d\u91cd\u78c5\u6297\u767c\u708e\u85e5 Dupixent \u65e5\u76ca\u4f9d\u8cf4\u7684\u632b\u6298\u611f\u3002Sanofi \u80a1\u50f9\u5728\u6d88\u606f\u516c\u5e03\u524d\u7dad\u6301\u7a69\u5b9a\uff0c2 \u6708 11 \u65e5\u6536\u65bc\u6bcf\u80a1 82.56 \u6b50\u5143\uff0c\u4e0a\u6f32 0.44%\u3002\u5e02\u5834\u5728\u7b49\u5f85\u7684\u662f\u7b56\u7565\u91cd\u8a2d\uff0c\u800c\u4e0d\u662f\u4e00\u5247\u82b1\u62db\u5f0f\u7684\u8ac7\u8a71\u3002<\/p>\n

\u5728\u6602\u8cb4\u7814\u767c\u63a8\u9032\u5f8c\u7684\u7a81\u7136\u96e2\u5834<\/h3>\n

Hudson \u81ea 2019 \u5e74\u4e0a\u4efb\uff0c\u4e3b\u5f35\u8f49\u5411\u5275\u65b0\uff0c\u5c07\u8cc7\u6e90\u91cd\u65b0\u914d\u7f6e\u5230\u9ad8\u79d1\u6280\u8cc7\u7522\u4e26\u4fee\u526a\u6210\u9577\u8f03\u6162\u7684\u4e8b\u696d\u3002\u652f\u51fa\u78ba\u5be6\u589e\u52a0\uff1b\u56de\u5831\u537b\u6c92\u6709\u986f\u73fe\u3002\u81e8\u5e8a\u632b\u6298\u8207\u77ed\u671f\u5167\u7f3a\u4e4f\u65b0\u7522\u54c1\u63a8\u51fa\uff0c\u8b93\u516c\u53f8\u66f4\u4f9d\u8cf4\u8207 Regeneron \u5171\u7814\u7684 Dupixent\uff0c\u540c\u6642\u75ab\u82d7\u52d5\u80fd\u5728\u7f8e\u570b\u9762\u81e8\u8cea\u7591\u800c\u964d\u6eab\u3002Hudson \u5728\u4e00\u6708\u66fe\u8868\u793a 2026 \u5e74\u662f\u5229\u65bc\u4f75\u8cfc\u7684\u7a97\u53e3\u671f\u3002\u8463\u4e8b\u6703\u6709\u4e0d\u540c\u770b\u6cd5\uff0c\u62d2\u7d55\u7e8c\u4efb\u4ed6\u7684\u6388\u6b0a\uff0c\u8feb\u4f7f\u73fe\u5728\u5c31\u91d0\u6e05\u65b9\u5411\u3002\u5728\u85e5\u696d\u4e2d\uff0c\u8010\u5fc3\u4ee5\u95dc\u9375\u50ac\u5316\u4e8b\u4ef6\u8861\u91cf\u3002\u5728\u7f3a\u4e4f\u65b0\u7684\u71df\u6536\u9a45\u52d5\u8207\u4f75\u8cfc\u8868\u73fe\u53c3\u5dee\u7684\u60c5\u6cc1\u4e0b\uff0c\u9019\u6b21\u7684\u4eba\u4e8b\u63db\u5c07\u88ab\u89e3\u8b80\u70ba\u5c0d\u57f7\u884c\u529b\u7684\u88c1\u6c7a\uff0c\u800c\u975e\u7ba1\u7dda\u92b3\u5316\u7b56\u7565\u7684\u5426\u5b9a\u3002<\/p>\n

Garijo \u7684\u4efb\u52d9\u8207 Sanofi \u7684\u64cd\u4f5c\u624b\u518a<\/h3>\n

Garijo \u5e36\u4f86\u7684\u662f\u71df\u904b\u4fe1\u8b7d\u8207\u5167\u90e8\u8def\u5f91\u5716\u3002\u5979\u81ea 2021 \u5e74\u8d77\u9818\u5c0e Merck KGaA\uff0c\u6b64\u524d\u66fe\u5728 Sanofi \u4efb\u8077 15 \u5e74\u3001\u64d4\u4efb\u591a\u9805\u9ad8\u968e\u8077\u52d9\u3002\u8463\u4e8b\u9577 Fr\u00e9d\u00e9ric Oud\u00e9a \u76f4\u767d\u5730\u5b9a\u7fa9\u5979\u7684\u4efb\u52d9\uff1a\u52a0\u5feb\u6b65\u4f10\u3001\u63d0\u5347\u57f7\u884c\u54c1\u8cea\uff0c\u4e26\u9818\u5c0e\u4e0b\u4e00\u500b\u6210\u9577\u5faa\u74b0\u3002\u9019\u610f\u5473\u8457\u8981\u5c0d\u81e8\u5e8a\u62bc\u6ce8\u5be6\u65bd\u66f4\u56b4\u683c\u7684\u6cbb\u7406\u3001\u66f4\u679c\u65b7\u7684\u7522\u54c1\u7d44\u5408\u7be9\u9078\uff0c\u4ee5\u53ca\u5f9e\u5be6\u9a57\u5ba4\u5230\u4e0a\u5e02\u66f4\u6e05\u6670\u7684\u6642\u9593\u8868\u3002\u53ef\u9810\u671f\u6703\u5728\u4ecd\u80fd\u7372\u5f97\u4ed8\u8cbb\u65b9\u734e\u916c\u7684\u514d\u75ab\u5b78\u8207\u816b\u7624\u5b78\u9818\u57df\u505a\u66f4\u7cbe\u6e96\u7684\u8cc7\u6e90\u914d\u7f6e\uff0c\u4e26\u5c0d\u4e0d\u80fd\u514b\u670d\u6cd5\u898f\u6216\u5546\u696d\u969c\u7919\u7684\u8cc7\u7522\u65bd\u4ee5\u66f4\u56b4\u683c\u7684\u6dd8\u6c70\u7387\u3002\u904e\u6e21\u4e5f\u8b93 Sanofi \u6709\u6a5f\u6703\u5728\u4e00\u822c\u85e5\u54c1\u7684\u5e02\u5834\u7b56\u7565\u4e0a\u505a\u51fa\u8abf\u6574\uff0c\u800c\u4e0d\u6703\u638f\u7a7a\u6838\u5fc3\u7814\u767c\u3002\u5982\u679c Garijo \u80fd\u8fc5\u901f\u5efa\u7acb\u570d\u7e5e\u9031\u671f\u6642\u9593\u3001\u8a66\u9a57\u8a2d\u8a08\u8207\u7533\u8acb\u6e96\u5099\u7684\u554f\u8cac\u6307\u6a19\uff0c\u4fe1\u8b7d\u7f3a\u53e3\u53ef\u80fd\u6703\u6bd4\u958b\u767c\u6642\u7a0b\u6240\u986f\u793a\u7684\u66f4\u5feb\u7e2e\u5c0f\u3002<\/p>\n

Dupixent \u96c6\u4e2d\u98a8\u96aa\u8207\u71df\u6536\u7f3a\u53e3<\/h3>\n

Dupixent \u4ecd\u7136\u662f\u7687\u51a0\u4e0a\u7684\u660e\u73e0\u2014\u2014\u4e5f\u662f\u96c6\u4e2d\u98a8\u96aa\u3002\u6b64\u85e5\u63a8\u52d5\u4e86\u6c23\u5598\u3001\u7570\u4f4d\u6027\u76ae\u819a\u708e\u8207\u5176\u4ed6\u767c\u708e\u9069\u61c9\u75c7\u7684\u6210\u9577\u3002\u4f46\u5b83\u7684\u6210\u529f\u4f7f Sanofi \u7684\u71df\u6536\u5c0d\u9700\u6c42\u7de9\u548c\u3001\u4ed8\u8cbb\u65b9\u58d3\u529b\u6216\u7af6\u722d\u6027\u8a66\u9a57\u7d50\u679c\u66f4\u70ba\u654f\u611f\u3002\u751f\u7269\u985e\u4f3c\u85e5\u7684\u58d3\u529b\u5c1a\u5728\u672a\u4f86\uff0c\u4f46\u5e02\u5834\u5f88\u5c11\u6703\u7b49\u8457\u6298\u50f9\u4f9d\u8cf4\u5ea6\u3002\u591a\u89d2\u5316\u4e0d\u662f\u9078\u9805\uff1b\u5b83\u6c7a\u5b9a\u4f30\u503c\u500d\u6578\u3002\u6295\u8cc7\u4eba\u4e0d\u671f\u5f85\u80fd\u5728\u4e00\u591c\u4e4b\u9593\u627e\u5230\u80fd\u66ff\u4ee3 Dupixent \u898f\u6a21\u7684\u7522\u54c1\uff0c\u4f46\u4ed6\u5011\u671f\u5f85\u4e00\u689d\u53ef\u898b\u7684\u6a4b\u6a11\uff1a\u6709\u660e\u78ba\u6cd5\u898f\u8def\u5f91\u7684\u5f8c\u671f\u8cc7\u7522\u3001\u80fd\u5728\u6210\u9577\u653e\u7de9\u524d\u5230\u4f4d\u7684\u751f\u547d\u9031\u671f\u64f4\u5c55\uff0c\u4ee5\u53ca\u80fd\u5728\u514d\u75ab\u5b78\u9818\u57df\u64f4\u5927\u8655\u65b9\u6df1\u5ea6\u7684\u5546\u696d\u7b56\u7565\u3002\u5728 Garijo \u65d7\u4e0b\uff0c\u89c0\u5bdf Sanofi \u662f\u5426\u6703\u52a0\u78bc\u80fd\u5229\u7528 Dupixent \u57fa\u790e\u8a2d\u65bd\u7684\u9130\u8fd1\u9818\u57df\u2014\u2014\u547c\u5438\u8207\u76ae\u819a\u79d1\u2014\u2014\u6216\u662f\u5192\u96aa\u9032\u5165\u9ad8\u98a8\u96aa\u985e\u5225\u4ee5\u91cd\u5851\u6558\u4e8b\u3002<\/p>\n

\u7ba1\u7dda\u5931\u8aa4\uff1atolebrutinib \u8207\u5176\u4ed6<\/h3>\n

Sanofi \u7684\u7ba1\u7dda\u80cc\u8ca0\u592a\u591a\u661f\u865f\u3002tolebrutinib \u66fe\u88ab\u5e02\u5834\u67d0\u4e9b\u4eba\u4f30\u7b97\u70ba 2030 \u5e74\u7d04 12 \u5104\u6b50\u5143\u7684\u92b7\u552e\uff0c\u4f46\u5728\u7f8e\u570b\u6536\u5230 Complete Response Letter \u5f8c\uff0c\u4f7f\u9810\u6e2c\u5d29\u843d\u5230\u6578\u5343\u842c\u7b49\u7d1a\u3002\u9019\u6a23\u7684\u4fee\u6b63\u5e45\u5ea6\u4e0d\u50c5\u662f\u640d\u76ca\u8868\u7684\u9ebb\u7169\uff1b\u5b83\u9084\u986f\u793a\u6cd5\u898f\u6469\u64e6\u8207\u628a\u8fd1\u7a0b\u8ced\u6ce8\u96c6\u4e2d\u5728\u5c11\u6578\u7522\u54c1\u7684\u5f8c\u679c\u3002\u5728\u795e\u7d93\u5b78\u8207\u816b\u7624\u5b78\u65b9\u9762\uff0c\u4e2d\u671f\u8b80\u51fa\u7d50\u679c\u53c3\u5dee\uff0c\u524a\u5f31\u4e86\u300c\u66f4\u9ad8\u7814\u767c\u5f37\u5ea6\u6703\u8f49\u5316\u70ba\u9023\u4e32\u4e0a\u5e02\u300d\u7684\u8ad6\u8ff0\u3002Garijo \u63a5\u624b\u7684\u662f\u597d\u8207\u58de\u4e26\u5b58\u7684\u5c40\u9762\uff1a\u514d\u75ab\u5b78\u65b9\u9762\u7684\u79d1\u5b78\u6df1\u5ea6\u8207\u5c11\u6578\u53ef\u80fd\u5177\u6301\u4e45\u6027\u7684\u8cc7\u7522\uff0c\u540c\u6642\u9084\u6709\u4e00\u7d44\u9700\u8981\u660e\u78ba\u7b54\u6848\u7684\u7814\u7a76\u8207\u5b89\u5168\u6027\u7591\u554f\u3002\u5408\u7406\u5316\u9019\u672c\u66f8\u2014\u2014\u54ea\u4e9b\u524d\u9032\u3001\u54ea\u4e9b\u9000\u51fa\u3001\u54ea\u4e9b\u66ab\u505c\u2014\u2014\u5c07\u662f\u6700\u5feb\u8b93\u80a1\u50f9\u91cd\u65b0\u5b9a\u50f9\u57f7\u884c\u98a8\u96aa\u7684\u65b9\u5f0f\u3002<\/p>\n

2026 \u5e74\u7684\u4f75\u8cfc\u50b3\u8a00\u8207\u73fe\u6cc1\u8b8a\u5316<\/h3>\n

Hudson \u8aaa 2026 \u5e74\u6703\u662f\u4e00\u500b\u6709\u5229\u7684\u4f75\u8cfc\u5e74\uff0c\u53cd\u6620\u51fa\u6a19\u7684\u5b8f\u89c0\u9762\u8da8\u8edf\u8207\u4f30\u503c\u4e0a\u7684\u8cb7\u65b9\u7a97\u53e3\uff08\u5728 GLP-1 \u5149\u74b0\u4e4b\u5916\uff09\u3002Garijo \u53ef\u80fd\u4fdd\u7559\u6642\u9593\u8868\uff0c\u4f46\u4e0d\u6703\u7167\u642c\u820a\u6709\u5287\u672c\u3002\u5979\u7684\u80cc\u666f\u986f\u793a\u504f\u597d\u91dd\u5c0d\u6027\u7684\u88dc\u5f37\u6536\u8cfc\uff0c\u4ee5\u586b\u88dc\u6cbb\u7642\u7f3a\u53e3\u3001\u5f37\u5316\u5f8c\u671f\u7ba1\u7dda\uff0c\u6216\u52a0\u5165\u5177\u6709\u6e05\u695a CMC \u8207\u6cd5\u898f\u53ef\u898b\u6027\u7684\u5e73\u81fa\u6280\u8853\u3002\u5728\u6b50\u6d32\u7576\u524d\u7684\u653f\u6cbb\u8207\u53cd\u6258\u62c9\u65af\u6c1b\u570d\u4e0b\uff0c\u5927\u578b\u5408\u4f75\u4e0d\u592a\u53ef\u80fd\uff0c\u4e14\u5c0d\u4ecd\u5728\u6e05\u7406\u81e8\u5e8a\u98a8\u96aa\u7684\u516c\u53f8\u4f86\u8aaa\u6210\u672c\u592a\u9ad8\u3002\u4f46 Sanofi \u4e26\u6c92\u6709\u7b49\u5f85\u7406\u60f3\u50f9\u683c\u7684\u5962\u4f88\u3002\u9810\u671f\u6703\u63d0\u524d\u516c\u5e03\u5546\u696d\u767c\u5c55\u7acb\u5834\uff0c\u4e26\u5c0d\u8cc7\u672c\u56de\u5831\u3001\u4e0a\u5e02\u901f\u5ea6\u8207\u4ed8\u8cbb\u65b9\u53ef\u9632\u79a6\u6027\u8a2d\u5b9a\u66f4\u56b4\u683c\u9580\u6abb\u3002\u7d66\u6295\u8cc7\u4eba\u7684\u91cd\u9ede\uff1a\u53ef\u9078\u65b9\u6848\u7684\u9580\u6abb\u63d0\u9ad8\uff0c\u5c0d\u65bc\u5e36\u6709\u9577\u671f\u73fe\u91d1\u6d41\u4e14\u5c6c\u6295\u6a5f\u6027\u79d1\u5b78\u7684\u5bb9\u5fcd\u5ea6\u964d\u4f4e\u3002<\/p>\n

\u89e3\u8b80 SNY \u80a1\u50f9\u8d70\u52e2<\/h3>\n

\u5df4\u9ece\u7684\u51b7\u6de1\u521d\u6b65\u53cd\u61c9\u986f\u793a\u5e02\u5834\u8655\u65bc\u300c\u8b49\u660e\u7d66\u6211\u770b\u300d\u6a21\u5f0f\u3002Sanofi (SNY) \u7684\u7f8e\u570b ADR \u5c07\u95dc\u6ce8\u4efb\u4f55\u77ed\u671f\u6307\u5f15\u8b8a\u52d5\u3001\u7ba1\u7dda\u91cd\u6392\u6216\u6e1b\u503c\u3002\u53ef\u4fe1\u7684\u57f7\u884c\u8a08\u756b\u5373\u4f7f\u672a\u7acb\u5373\u63d0\u5347\u76c8\u9918\uff0c\u4e5f\u80fd\u89e3\u9396\u91cd\u65b0\u8a55\u50f9\uff1b\u53cd\u4e4b\uff0c\u4efb\u4f55\u6642\u9593\u8868\u62c9\u9577\u6216\u610f\u5916\u6e1b\u503c\u7684\u8de1\u8c61\u90fd\u6703\u8b93\u80a1\u50f9\u505c\u7559\u5728\u50f9\u503c\u9677\u9631\u5340\u3002\u8207 Regeneron (REGN) \u7684 Dupixent \u5408\u4f5c\u4ecd\u662f\u73fe\u91d1\u6d41\u7684\u7a69\u5b9a\u5668\uff0c\u8cb7\u4f86\u91cd\u8a2d\u6642\u6a5f\u3002\u4f46\u80a1\u6b0a\u6545\u4e8b\u9700\u8981\u7b2c\u4e8c\u5f15\u64ce\u3002\u76f8\u8f03\u65bc\u642d\u4e0a GLP-1 \u98a8\u6f6e\u7684\u540c\u696d\uff0cSanofi \u4ea4\u6613\u7684\u662f\u4ea4\u4ed8\u80fd\u529b\uff0c\u800c\u975e\u5e0c\u671b\u3002\u5982\u679c Garijo \u80fd\u5728\u590f\u5b63\u6295\u8cc7\u4eba\u5de1\u8ff4\u524d\u53d6\u5f97\u53ef\u898b\u52dd\u5229\u2014\u2014\u660e\u78ba\u7684\u6cd5\u898f\u8def\u5f91\u3001\u66f4\u5feb\u7684\u7533\u8acb\u3001\u7d00\u5f8b\u6027\u7684 BD\u2014\u2014\u9019\u5c07\u662f\u512a\u52e2\u3002<\/p>\n

\u5f9e\u73fe\u5728\u5230\u56db\u6708\u8981\u6ce8\u610f\u7684\u4e8b\u9805<\/h3>\n

\u4ee3\u7406\u57f7\u884c\u9577 Olivier Charmeil \u63d0\u4f9b\u71df\u904b\u9023\u7e8c\u6027\uff0c\u4e26\u80fd\u8b80\u51fa\u80a1\u6771\u5927\u6703\u524d\u53ef\u80fd\u7684\u8b8a\u52d5\u3002\u95dc\u9375\u6aa2\u67e5\u9ede\uff1a\u5c0d 2026 \u5e74\u8cc7\u672c\u914d\u7f6e\u8a08\u756b\u7684\u4efb\u4f55\u66f4\u65b0\u3001\u5c0d\u7ba1\u7dda\u7be9\u9078\u7684\u6e05\u6670\u5ea6\uff0c\u4ee5\u53ca\u5728\u4e0d\u63a1\u7528\u7c97\u66b4\u91cd\u7d44\u4e0b\u7684\u6210\u672c\u7d00\u5f8b\u8a0a\u865f\u3002\u95dc\u6ce8\u5728 tolebrutinib CRL \u5f8c\uff0c\u516c\u53f8\u662f\u5426\u5728\u5c08\u6848\u5be9\u67e5\u4e0a\u505a\u6cbb\u7406\u8abf\u6574\u4e26\u5f37\u5316\u8207\u76e3\u7ba1\u6a5f\u69cb\u7684\u4ecb\u9762\u3002\u5982\u679c Sanofi \u63cf\u7e6a\u51fa\u8fd1\u671f\u7684\u50ac\u5316\u5291\u884c\u4e8b\u66c6\u2014\u2014\u6578\u64da\u3001\u7533\u8acb\u3001\u6a19\u7c64\u64f4\u5c55\u2014\u2014\u4e26\u5c07\u734e\u916c\u8207\u9019\u4e9b\u91cc\u7a0b\u7891\u639b\u9264\uff0c\u5c07\u7d66\u5e02\u5834\u4e00\u500b\u8a55\u4f30\u9032\u5c55\u7684\u6846\u67b6\u3002\u6295\u8cc7\u4eba\u4e5f\u6703\u89e3\u8b80\u516c\u53f8\u662f\u5426\u50be\u5411\u65bc\u5229\u7528\u5728\u5546\u696d\u4e0a\u6709\u69d3\u687f\u7684\u547c\u5438\u8207\u76ae\u819a\u79d1\u9130\u8fd1\u9818\u57df\uff0c\u6216\u662f\u900f\u904e\u5546\u696d\u767c\u5c55\u512a\u5148\u53d6\u5f97\u964d\u98a8\u96aa\u8cc7\u7522\u4ee5\u64f4\u5927\u71df\u6536\u57fa\u790e\u3002<\/p>\n

\u7522\u696d\u80cc\u666f\u504f\u597d\u6e05\u6670\u8207\u901f\u5ea6<\/h3>\n

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