For Sanofi SA (ADR) (SNY) Chronic Diseases Present the Future Focus

In an interview with CNBC, Chris Viehbacher, the CEO of Sanofi SA (ADR) (NYSE:SNY), discussed the steps that big pharma companies like Sanofi SA (ADR) (NYSE:SNY) are taking to tackle chronic diseases that are a major cause of worry for the aging baby boomers who are heading towards retirement age.

Sanofi SA (ADR) (NYSE:SNY)

Speaking on the growing problem of chronic disease among elderly, Viehbacher said that the chronic disease like Type II diabetes, cardiovascular disease are commonly seen among elderly and over 50% of people over the age of 60 have a chronic disease.

“There’s basically three ways I think we have to go about it. First is, I think we have to start earlier in life. We have to do a much better job in our health care systems of preventing chronic diseases, a lot of them. With some diet and exercise, you can avoid diseases in cardiovascular and diabetes. The second is, you know we have to yet make it a lot easier for people to take their medicines, and really get to better outcomes, and the third is clearly what we all in our industry see as our mission and that is to develop new medicines.”

According to Viehbacher, Pharma companies like Sanofi SA (ADR) (NYSE:SNY) need to continue with innovation and even though some diseases like Alzheimer’s cannot be treated, it is essential that companies develop better medicines for those chronic diseases which can be treated.

Viehbacher also said that it is necessary for people to make changes to their modern lifestyles and adopt practices like being aware of one’s nutritional needs, physical activity needs, etc. The head of Sanofi SA (ADR) (NYSE:SNY) is a chairman of a CEO roundtable on cancer which engages employers to introduce preventive care in the workplace, and he feels that more such initiatives are the need of the hour.

Commenting on the future of medicines for chronic diseases, Viehbacher said:

“One of the interesting things we are seeing is some really interesting new medicines coming along in the whole industry really. I think ten years ago we all understood that we couldn’t bring me-too products to market anymore and so we all really invested in some disruptive innovation. I think you are going to see a number of new medicines coming along that have revolutionary levels of efficacy.”

Disclosure: none

blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!