Vaccine sales give Sanofi shot in the arm in first quarter

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Health Health Headlines News

Health Health Latest News,Health Health Headlines

Sanofi is counting on growth drivers such as the versatile Dupixent, which awaits approval in nasal polyps and is undergoing tests for lung disease, to replace ageing diabetes medicine Lantus

Sanofi CEO Olivier Brandicourt testifies before the US Senate finance committee in Washington DC, on February 26 2019. Picture: GETTY IMAGES/WIN MCNAMEE

. At the same time, research chief John Reed is hunting for opportunities in cancer after Sanofi missed out on the recent wave of revolutionary medicines focused on the immune system. Two acquisitions have delivered new experimental therapies for bleeding disorders. First-quarter earnings excluding some items rose 11% to €1.42 a share in the first quarter, the French drug maker said in a statement. Analysts predicted €1.32. The company maintained its forecast for 2019.The results highlight the significance of vaccines in partly sheltering the company from the pricing pressure its drugs face in the US. Vaccines sales surged 20%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in HEALTH

Health Health Latest News, Health Health Headlines