Overview
Description
Sanofi Sponsored ADR is an American Depositary Receipt representing shares of Sanofi, a global healthcare leader headquartered in Paris, France. The primary function of these ADRs is to enable U.S. investors to invest in Sanofi's shares without navigating the complexities of foreign stock exchanges. Sanofi is renowned for its focus on the research, development, and distribution of pharmaceutical products that include prescription medicines, vaccines, and over-the-counter healthcare solutions. The company plays a pivotal role in areas such as diabetes solutions, oncology, immunology, multiple sclerosis therapies, and rare diseases. Sanofi is a substantial entity in the pharmaceutical industry, impacting global health markets and contributing to advancements in medical research. Through its offerings, Sanofi Sponsored ADR provides U.S. investors with exposure to international pharmaceutical markets, allowing them to partake in the potential growth of a key player in global healthcare. This ADR structure facilitates trading in U.S. dollars and aligns with American financial regulations, thereby enhancing accessibility and convenience for investors on U.S. stock exchanges.
About
CEO
Mr. Paul Hudson
Employees
82878
Address
46, avenue de la Grande Armée
Paris, 75017
Paris, 75017
Phone
33 1 53 77 40 00
Website
Instrument type
Depositary receipt
Sector
Healthcare
Industry
Drug Manufacturers - General
Country
United States
MIC code
XNGS