we are going to speak to sanofi's cfo. and we speak to danny why our lateabout 40's are why we few most downbeat, and the impatience of that. we are counting you down to the european close right here on "bloomberg markets." ♪ vonnie: one to bring you a quick headline first. senator cory booker is suspending his campaign effort to be the democratic presidential nominee. once again, cory booker becomes another person to now suspend his campaign to become the democratic presidential nominee. that brings us to about 12 now, the number of those vying to be the democratic presidential candidate. of course, the field started off at about two dozen, so it has halved in the last few months. the first test will come in less than a month at the iowa caucuses. once again, democrat cory booker to drop out of the presidential race. let's take a quick look at how markets are performing. in the u.s., we are waiting for earnings to start this week, but starting off with the s&p up more than 0.3%, the 10 year yield up three basis points com

i don't know what you know, paul hudson, ceo of sanofi. coronavirus is a form of sars.can affect economies greatly in terms of gdp contracting and travel and everything else >> that's right. i'm not an expert in this area i work for a company with a high amount of specialty with vaccines we work to get ahead of these things it isn't always. it can travel quickly. we work on influenza we sprint to get enough doses to make sure everybody is covering every year >> eunice is pointing out that the conversation in china is to make sure they are totally transparent. sometimes when it is 440 cases and really, it is a thousand at this point, human-to-human transfer looks pretty rare what is amazing, paul, is the next five years and what the drug industry will look like the forefront of that is in innovation it is not just in developing new they a they are p manufacturing. >> one of the best reasons to take this role at this time is the digital disrupting what does that mean? supporting patients. we opened up a factory in massachusetts. the joy of it is such progress is being mad

we are going to speak to sanofi's cfo. why our lateabout 40's are why we few most downbeat, and the impatience of that. we are counting you down to the european close right here on "bloomberg markets." ♪ vonnie: one to bring you a quick headline first. senator cory booker is suspending his campaign effort to be the democratic presidential nominee. once again, cory booker becomes another person

some of the weight coming off of the market, sanofi is down in paris.h care care conference still very much underway. vodafone is having a good day in london. lvmh helping the paris market. the oil stocks are leading us down. the european close is coming up next. this is bloomberg. ♪ ♪ hey. hey. you must be steven's phone. now you can take control of your home wifi and get a notification the instant someone new joins your network... only with xfinity xfi. download the xfi app today. the 30 seconds to go until end of regular training in europe. i am not going to lie. at a headline level this does not look like the most exciting session. gray, is gray, germany is london was gray a second ago. italy is gray. nothing is happening at a headline level in europe. this was the session that was. this is the stoxx 600, up .2%. we dipped out of the ages session and then we come to this incredibly trite trading range, particulate -- we dipped out of the asia session and then we come into this incredibly tight trading range. this is what the headlines look like for

fromll speak to the ceo drug maker sanofi, and also the ceo of pharma giant glasgow smithkline.0oth just p.m. london time. we have some news on a couple of stocks trading in germany. a bunch of companies signing a global collaboration licensing agreement to further develop and commercialize the antibody phosys.from mor watch that stock to move. meta-gene dropping after gaining the most in five years friday. ♪ anna: we are one minute from the open of cash equity trading in europe. no respite. the second night of protests grip iran after the government admits it actually shot down a ukrainian jetline. heading to washington today as china and the u.s. look to sign a phase one trade deal later this week. plus, results season. u.s. banks reporting with jp morgan, city and wells fargo numbers due tomorrow. matt? matt: we are seeing kind of a mixed picture in terms of european futures. we had gains in the asian trade have even and we stronger gains on u.s. futures that indicated only a risk on day stateside. maybe we can see a little bit of pickup in risk momentum here in europe as wel

confirmed the first case in washington state who came in from china we were discussing with the ceo of sanofi what this means. yesterday, our own meg was doing reporting on this. she was able to track down that regeneron is working on a treatment for this similar to how they developed a treatment for ebola. earlier today, i spoke with the ceo of mederna they arepeutics. they are working on a vaccine. now there has been the first case of human-to-human transmitting they have to look at how this is transferred. what is interesting, they have developed a cancer vaccine they can develop and get into the patient in 40 days they are hoping to use that same technology to now do it for a contagious disease very interesting >> the flu vaccine the rhino virus, which is the common cold virus. >> the question is how quickly does it mute ate >> it doesn't look nearly as deadly as sars >> at this point >> you don't know how quickly this mutates >> i sat down with the president and discussed this and many other topics here we go it is great to see you, thank you for joining us again in davos. we've done thi