Sanofi pharmaceutical segment revenues by product group 2023
Sanofi's segments
Sanofi’s pharmaceutical segment generated 12.4 billion euros in revenue through its General Medicines products (including diabetes) in 2023. Lantus is one of Sanofi’s best selling pharmaceutical products. Its revenue has risen from 2.4 billion euros in 2008 to 6.39 billion euros in 2015, but decreased again to 1.4 billion until 2023. Lantus is an insulin glargine used daily to control blood sugar levels of patients with diabetes. Clopidogrel, which is marketed under Sanofi’s trade name Plavix, generated 948 million euros in 2023. Plavix is an oral agent that prevents blood clots in patients with some types of heart disease and also prevents heart attacks.
Among its vaccination segment, Sanofi has several profitable products. The company’s influenza vaccines generated some 2.7 billion euros in 2023. Fluzone is a marketed brand of Sanofi’s influenza vaccine, of which varieties exist to target persons of certain age groups.
Sanofi originated in 1973 as a subsidiary of Elf Aquitaine, the company ventured into the U.S. market in 1994. Although, the company is primarily focused on the pharmaceutical market, it also maintains an animal health segment. This segment develops products in four groups including antiparasitics and antiinfectives. Sanofi generated over 43 billion euros in total revenues in 2023. The company expended over six billion euros in the same year on research and development.