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Sanofi

Pays vs peer median
×1.08
+8% premium
Sample
58
high confidence
Last refreshed
2026-04-13

By therapeutic area

Therapeutic areaPremiumDeals
oncology×0.8241
immunology×1.505
rareDisease×1.505

By stage at signing

PhasePremiumDeals
approved×1.5020
phase 2×0.7315
phase 3×0.8911
preclinical×1.435
phase 1×0.764
discovery×0.993

Strategy profile

Based on 15 disclosed transactions, Sanofi concentrates its licensing activity in Immunology, Oncology, and RareDisease. Sanofi pays a 1.08x premium over market median, with the strongest premiums in Immunology (1.50x). Their most common deal structure is License, with an average disclosed value of $1.9B. Most recent activity: 2026.

Premium by therapeutic area

How Sanofi pays relative to peer medians in each TA

immunology
5 deals1.50x
rareDisease
5 deals1.50x
oncology
41 deals0.82x
Above market (≥1.10x)At market (0.90 – 1.10x)Below market (<0.90x)

Pipeline coverage & gaps

Sanofi has disclosed activity in 3 of 12 tracked therapeutic areas. Gaps may represent whitespace opportunities for licensors.

Oncology
0.82x
41 deals
Neurology
Gap
No disclosed deals
Immunology
1.50x
5 deals
Metabolic
Gap
No disclosed deals
Cardiovascular
Gap
No disclosed deals
Infectious Disease
Gap
No disclosed deals
Ophthalmology
Gap
No disclosed deals
Womens Health
Gap
No disclosed deals
Rare Disease
1.50x
5 deals
Hematology
Gap
No disclosed deals
Dermatology
Gap
No disclosed deals
Gastroenterology
Gap
No disclosed deals

Deal type breakdown

How this buyer structures its transactions

Deal typeCountAvg upfrontAvg total value
LicensePrimary7$264M$1.4B
Acquisition4$3.9B$3.9B
Collaboration2$115M$1.5B
Co Development2$74M$530M

Recent disclosed deals

YearAssetLicensorIndicationPhaseUpfrontTotal
2026rovadicitinibSino Biopharmaceuticalchronic graft-versus-host disease (cGVHD)phase_2$135M$1.5B
2025systemic mastocytosisBlueprint Medicinessystemic mastocytosisapproved$9.5B$9.5B
2024hematologicNurix Therapeuticshematologicphase_1$70M$470M
2024ulcerativeColitisTeva PharmaceuticalulcerativeColitisphase_3$500M$2.0B
2024muscular_dystrophyFulcrum Therapeuticsmuscular_dystrophyphase_2$80M$1.1B
2024DR-01Dren BioSystemic Lupus Erythematosuspreclinical$300M$1.9B
2024cold_agglutinin_diseaseRecordati (Enjaymo)cold_agglutinin_diseaseapproved$825M$825M
2024Plozasiran (China)Arrowhead PharmaceuticalsSevere hypertriglyceridemiaphase_3$40M$300M
2024respiratory infectionNovavaxrespiratory infectionphase_2$500M$1.2B
2024a1at_deficiencyInhibrxa1at_deficiencyphase_2$2.2B$2.2B
2023lung_nsclcInnovent Biologicslung_nsclcphase_3$300M$2.3B
2023autoimmuneKymera Therapeuticsautoimmunephase_1$150M$2.0B
2023Teplizumab (Tzield)Provention BioType 1 Diabetesapproved$2.9B$2.9B
2023ALKCureVacPancreaticdiscovery$14M$188M
2023BMP receptor-mabVoyager TherapeuticsOCDphase_1$133M$873M

How this is computed

For each Sanofi deal we find the median total deal value of comparable transactions (same therapeutic area + phase, falling back to TA-only with ≥3 peers). The buyer’s deal divided by the peer median is the per-deal premium. We trim outliers, take the trimmed mean, and clamp to [0.7×, 1.5×] to reject data errors. Confidence scales with sample size.

Trimmed mean of 58 disclosed deal premiums vs. peer medians. Raw premium 1.079, clamped to [0.7, 1.5].