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Genzyme sales up 31% in the quarter
April 30, 2015
By: Kristin Brooks
Sanofi 1Q Revenues: €8.8 billion (+12%) 1Q Earnings: €1.1 billion (flat) Comments: Pharmaceutical sales were €7.5 billion, up 2% at Constant Exchange Rates (CER). Diabetes sales were €1.8 billion, down 3% reflecting expected pricing impact on Lantus in the U.S.Vaccines sales were €697 million, down 5% due to expected delay in Southern Hemisphere influenza campaign. Genzyme sales were €821 million, up 31% mainly driven by Aubagio.Animal Health sales were up 14% driven by NexGard.
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