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Pharmaceutical sales down 5% in the quarter
February 10, 2016
By: Kristin Brooks
Managing Editor, Contract Pharma
Sanofi 4Q Revenues: €9.3 billion (+2%) 4Q Earnings: €1.7 billion (-7%) FY Revenues: €37.1 billion (+10%) FY Earnings: €7.4 billion (+8%) Comments: Pharmaceutical sales were €7.3 billion in the quarter, down 5% at constant exchange rates (CER). Diabetes sales were €1.9 billion, down 13%, impacted by a decline Lantus sales (-20% to €1.5 billion) mainly reflecting higher discounts. Genzyme sales were €1.0 billion in the quarter, up 28% driven by Aubagio sales, up 70% to €272 million...
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