5 Biggest European Pharmaceutical Companies

4. Sanofi (NASDAQ:SNY)

Market Capitalization as of November 22, 2022: $113 billion

Sanofi (NASDAQ:SNY) is a French company that develops pharmaceuticals, therapies, and consumer health products. It is headquartered in Paris, France.

Sanofi (NASDAQ:SNY) has been on a roll this year when it comes to regulatory authorizations. The firm’s hemolytic anemia drug Enjaymo received the European Commission’s marketing authorization in November 2022. This approval came a week after the European Medicines Agency recommended an expanded approval of Sanofi (NASDAQ:SNY)’s Iscover and Plavix heart disease therapies.

31 out of the 920 hedge funds polled by Insider Monkey during this year’s third quarter had held a stake in Sanofi (NASDAQ:SNY). Sanofi (NASDAQ:SNY)’s largest investor is Ken Fisher’s Fisher Asset Management, which owns 13.9 million shares worth $531 million.

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