Sanofi’s big pivot: they’re scrapping amlitelimab, their once-promising eczema drug, after trials showed it didn’t outperform existing treatments — a major reversal just months after hype, following a leadership overhaul and a $1.1B acquisition. While it’s dead for atopic dermatitis, the drug’s still in play for celiac disease, with results due late 2026 — and Sanofi’s 2026 financial outlook remains intact.

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