Sanofi , one of the largest pharmaceutical companies on the planet, was in a dire situation when CEO Chris Viehbacher took the reins in late 2008. Over the last five years, however, the company has moved into the orphan drug space through the acquisition of Genzyme, entered into a rewarding partnership with biotech Regeneron, and shifted its focus to the development of products that are less sensitive to intellectual property. The market has rewarded this strategy, and shares are up a solid 68%.
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