UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.__)*

Inhibrx Biosciences, Inc.
(Name of Issuer)
 
Common Stock, par value $0.0001 per share

(Title of Class of Securities)

45720N103
(CUSIP Number)

May 30, 2024

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



 CUSIP No. 45720N103

1
NAMES OF REPORTING PERSONS
 
 
Sanofi
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)☐
   
(b)☐
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
The Republic of France
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
1,157,926 shares
 
 
 
 
6
SHARED VOTING POWER
 
 
0 shares
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
1,157,926 shares
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0 shares
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
1,157,926 shares
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
8.0%
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
CO
 
 
 
 

2

Item 1.


(a)
Name of Issuer
Inhibrx Biosciences, Inc.




(b)
Address of Issuer’s Principal Executive Offices
11025 N. Torrey Pines Road, Suite 140, La Jolla, CA  92037

Item 2.


(a)
Name of Person Filing
Sanofi




(b)
Address of Principal Business Office or, if none, Residence
46, avenue de la Grande Armée, 75017 Paris, France




(c)
Citizenship
The Republic of France




(d)
Title of Class of Securities
Common Stock, par value $0.0001 per share




(e)
CUSIP Number
45720N103

Item 3.
If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:


(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);





(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);





(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);





(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);





(e)
An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E);





(f)
An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);





(g)
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);





(h)
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);





(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);





(j)
A non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J);





(k)
Group, in accordance with § 240.13d–1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with § 240.13d–1(b)(1)(ii)(J), please specify the type of institution:____________________________

3

Item 4.
Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
 

(a)
Amount beneficially owned:
1,157,926 shares
   

(b)
Percent of class:
8.0%*
   

(c)
Number of shares as to which the person has:
   


(i)
Sole power to vote or to direct the vote
1,157,926 shares






(ii)
Shared power to vote or to direct the vote
0 shares






(iii)
Sole power to dispose or to direct the disposition of
1,157,926  shares






(iv)
Shared power to dispose or to direct the disposition of
0 shares
* Percent based on 14,475,904 shares of Common Stock outstanding as of May 30, 2024, as disclosed in the Issuer’s Form 8-K filed with the SEC on May 30, 2024.

Item 5.
Ownership of Five Percent or Less of a Class

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following   ☐.

Item 6.
Ownership of More than Five Percent on Behalf of Another Person

Inhibrx, Inc.
1,157,926 shares
8.0%
The shares are held of record by Inhibrx, Inc., the Reporting Person’s indirect, wholly owned subsidiary.

Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person

The response of the Reporting Person to Item 6 is incorporated herein by reference.

Item 8.
Identification and Classification of Members of the Group

Not applicable.

Item 9.
Notice of Dissolution of Group

Not applicable.

4

Item 10.
Certifications

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

5

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


May 31, 2024

Date



/s/ Alexandra Roger*

Signature



Alexandra Roger
Head of Legal Corporate & Finance

Name/Title

*Alexandra Roger is signing on behalf of Sanofi by power of attorney previously filed with the Securities and Exchange Commission on February 3, 2016 as Exhibit 24 to Form 4, and hereby incorporated by reference herein.


6


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