Sanofi's big plans for Cialis OTC launch run into a red light at the FDA
A little more than 2 years ago, as Sanofi began to retool its lagging consumer division, the then-new CEO Paul Hudson spotlighted some big plans to finally capitalize on their license from Eli Lilly for the over-the-counter version of the erectile dysfunction drug Cialis.
That easier-to-obtain drug, Hudson reckoned, would play a major role in gaining oversized earnings growth as they set up the consumer group to work as a standalone arm.
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