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Sanofi CEO sees continued pressure on pricing
September 30, 2013 / 11:43 AM / 4 years ago

Sanofi CEO sees continued pressure on pricing

MUMBAI, Sept 30 (Reuters) - French drugmaker Sanofi expects global pressure on pricing to continue, Chief Executive Chris Viehbacher said on Monday in Mumbai.

Sanofi in August cut its 2013 earnings forecast as it reported a steeper-than-expected drop in second-quarter profit, hit by the effect of patent losses, currency fluctuations and an inventory setback in Brazil. (Reporting by Sumeet Chatterjee; Editing by Aradhana Aravindan)

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