First-half Plavix ® sales decreased 33.6% to ¬509 million. In the U.S., second-quarter Toujeo ® sales increased 4.3% to ¬75 million.
In September 2019, the U.S. Food and Drug Administration (FDA) and Health Canada issued public statements alerting that some ranitidine medicines, including Zantac ® OTC, could contain NDMA at low levels and asked manufacturers to conduct testing. 2 Transactions up to €500 million per transaction. Second-quarter selling general and administrative expenses (SG&A) decreased 7.9% to €2,265 million. Hexaxim ® / Hexyon ® , Pentacel ® , Pentaxim ® and Imovax ® ), Meningitis/Pneumo vaccines (incl. First-half Kevzara ® sales increased 40.2% to ¬117 million. Q2 2020 business EPS (1) benefits from share revaluation gain and effective cost management. Second-quarter Menactra ® sales decreased 34.6% to ¬89 million, reflecting the COVID-19 impact on U.S sales (down 52.5% to ¬48 million) which was partially offset by increased sales in the Middle East.
Vaccines sales (-6.8%) were affected by global confinements while in Southern Hemisphere demand for flu vaccines was strong.
Free cash flow is not defined by IFRS and it is not a substitute measure for the IFRS aggregate net cash flows in operating activities. In the second quarter 2020, volume growth of Plavix ® and CoAprovel ® increased more than 60% in China in line with Sanofis full-year expectations. In the Rest of the World , second-quarter CHC sales decreased 6.2% to ¬446 million, as sales of Allergy, Cough & Cold (down 18.0% to ¬78 million) and Digestive (down 15.9% to ¬105 million) products were impacted by consumer destocking and lower in-person pharmacy traffic. Sanofi H1 2020 business EPS(1) growth of 9.2%(2) driven by transformationQ2 2020 sales results reflect the strong performance of Dupixent® more than offset by … In the first half of 2020, the ratio of SG&A to sales was 1.6 percentage points lower at 26.8% compared to the prior year. Forward-looking statements are statements that are not historical facts. At $19.33, the average price target implies 303% upside potential from current levels. In June, the European Commission also approved Sarclisa ® in certain adults with RRMM. The share of profit from associates was €2 million in the second quarter versus €7 million in the second quarter of 2019. Renowned investor Iain Butler just named 10 stocks for Canadians to buy today.
First-half 2020 business net income(9) increased 8.7% to €3,521 million and increased 9.8% at CER. The consolidated income statement for Q2 2020 is provided in Appendix 3 and a reconciliation of reported IFRS net income to business net income is set forth in Appendix 4; (2) Changes in net sales are expressed at constant exchange rates (CER) unless otherwise indicated (definition in Appendix 10); (3) Including around ¬110M related to COVID-19; (4) 2019 restated business EPS was ¬5.64, reflecting the discontinuation of equity method accounting for Regeneron investment; (5) Free cash flow is a non-GAAP financial measure (definition in Appendix 10). And definitely don't invest all your eggs there. The amount does not include the gain related to the remeasurement at fair value at this date of the 400,000 retained shares. Q2 2020 business net income increased 3.6% to ¬1,601 million and 5.6% at CER. It comprises net changes in working capital, capital expenditures and other asset acquisitions2 net of disposal proceeds2, and payments related to restructuring and similar items.
Consult Appendix 7 for full overview of Sanofis R&D pipeline. The average number of shares outstanding was 1,252.2 million versus 1,248.5 million in the second quarter of 2019. Second-quarter Apidra ® sales increased 4.8% to ¬84 million. Second-quarter Soliqua ® / Suliqua ® sales increased 35.7% (to ¬38 million) of which ¬25 million (up 20.0%) was generated in the U.S. Soliqua ® was launched in Japan in June. Second-quarter Cerezyme ® sales increased 2.1% to ¬179 million, driven by the Rest of the World region (up 13.8% to ¬77 million), reflecting favorable phasing in Brazil. Coronavirus vaccine: EU seals second coronavirus vaccine deal, EU pays $384 million for Sanofi-GSK COVID vaccine as WHO scheme deadline looms, Sanofi, GlaxoSmithKline score EU supply pact for 300M coronavirus shots, Commission inks a second coronavirus vaccine deal, with Sanofi-GSK, EU agrees to purchase Sanofi/GSK Covid-19 vaccine, Europe Signs Deal With Sanofi, GSK To Secure Up To 300 Mln COVID-19 Vaccine Doses, EU seals second Covid-19 vaccine deal as WHO scheme deadline looms, Sanofi, Glaxo Finalise Covid-19 Vaccine Supply Pact With EU, Sanofi/Regeneron’s Libtayo set for new skin cancer use, Promising Phase 2 data for Sanofi and Regeneron's PD-1 inhibitor Libtayo in locally advanced basal cell carcinoma, Sanofi and GSK confirm agreement with European Union to supply up to 300 million doses of adjuvanted COVID-19 vaccine, #ESMO20: Regeneron, Sanofi eye another first for their PD-1 contender Libtayo with promising data for oncology niche, EU agrees purchase deal for Sanofi/GSK COVID-19 vaccine, Health2Sync and Sanofi to digitally manage diabetes in Taiwan, ESMO: Regeneron and Sanofi prime new Libtayo market with strong data in basal cell carcinoma, Dr. Jean-Christophe Rufin appointed President of the Sanofi Espoir Corporate Foundation, Sanofi reaffirms its commitment on World Patient Safety Day, Sanofi to Expand Capacity for HUF 7 Bn in Northern Hungary, Novo, Sanofi VC units lead Lava's $83M series C to fund gamma delta T-cell trials, Forecast Available in New Report: Vitamin B12 Detailed Analysis and Huge Growth by Top Players|, LAVA Therapeutics Announces $83 million Series C Financing to Advance Novel Immuno-Oncology, Stewardship / Resistance Scan for Sep 16, 2020, The Zacks Analyst Blog Highlights: Walmart, Oracle, Sanofi, Amazon, GlaxoSmithKline and CVS Health, Vizibl forms Phase 1 partnership with Sanofi, Vizibl partners with leading healthcare provider Sanofi, Dupixent improved objective, subjective indicators of local atopy patients', Health2Sync partners with Sanofi to deliver a digital solution for diabetes patients & care providers, Top Analyst Reports for Walmart, Oracle & Sanofi, Sanofi backs Escient's $77.5M round as it kick-starts first clinical test, Sanofi and GSK initiate Phase 1/2 clinical trial of COVID-19 adjuvanted recombinant, Voyager Therapeutics Appoints Michelle Quinn Smith as Chief Human Resources Officer, Escient Pharmaceuticals Raises $77.5 Million Series B Round and Initiates a Phase 1/1b Clinical.
The FDA has granted Breakthrough Therapy and Fast Track designations to avalglucosidase alfa for the treatment of patients with Pompe disease. You Should Know This, Suze Orman's money do's and don'ts for today's crisis economy, Stocks Drop After Mnuchin Remarks on Stimulus: Markets Wrap, Why Saudi Arabia May Be Forced To Start Another Oil Price War, Lemon Alert : Stay Away From These New Cars, Stock market news live updates: Stocks drop further as hopes of stimulus before election dim, Financial Planning Considerations Under Joe Biden’s Proposed Tax Plan, Coronavirus update: U.S. death toll tops 215,000 as Trump resumes campaign rallies even as doctors warn the test providing his negative results is not suited to that purpose, Part A of the pivotal phase 3 trial evaluating, Topline data for a pivotal, single-arm, open-label trial evaluating.
Launch in China took place on July 22. At CER, R&D expenses decreased 15.1% reflecting a decline in Diabetes R&D expenses. Sanofi provides update on Kevzara® (sarilumab) Phase 3 trial in severe and critically ill COVID-19 patients outside the U.S. Sanofi to commence tender offer for acquisition of Principia Biopharma Inc. Sanofi and GSK in advanced discussions with European Union to supply up to 300 million doses of COVID-19 vaccine, Sanofi and GSK selected for Operation Warp Speed to supply United States government with 100 million doses of COVID-19 vaccine, Nirsevimab reduced respiratory syncytial virus infections requiring medical care in healthy premature infants in Phase 2b trial, Online availability of Sanofi’s half-year financial report for 2020, Sanofi H1 2020 business EPS(1) growth of 9.2%(2) driven by transformation, Sanofi and GSK agree with the UK government to supply up to 60 million doses of COVID-19 vaccine, Availability of the Pre-quarterly Results Communication, Sanofi and Regeneron provide update on Kevzara® (sarilumab) Phase 3 U.S. trial in COVID-19 patients, Sanofi’s virtual R&D Day event to highlight capabilities, platforms, and expertise in disease pathways to deliver potentially transformative treatments to patients, Sanofi and Translate Bio expand collaboration to develop mRNA vaccines across all infectious disease areas, Sanofi announces positive long-term efficacy and safety data for fitusiran from interim analysis of Phase 2 extension study in people with hemophilia A and B, with or without inhibitors, Dupixent® (dupilumab) approved in China for adults with moderate-to-severe atopic dermatitis, Sanofi’s investigational enzyme replacement therapy shows clinically meaningful improvement in critical manifestations of late-onset Pompe disease, Sanofi invests to make France its world class center of excellence in vaccine research and production, Sanofi to present growth opportunities and development strategy for Dupixent® (dupilumab) in type 2 inflammatory diseases, Sanofi to present Phase 3 results of avalglucosidase alfa in patients with late-onset Pompe disease, Sanofi to launch “Action 2020”, a worldwide employee stock purchase plan, Sarclisa® (isatuximab) combination therapy demonstrated superior progression free survival and clinically meaningful depth of response in patients with relapsed multiple myeloma, European Commission approves Sarclisa® (isatuximab) for adults with relapsed and refractory multiple myeloma, Sanofi to present oncology strategy, provide update on portfolio and emerging pipeline, Sanofi announces closing of Regeneron stock sale, Libtayo® (cemiplimab-rwlc) longer-term results in advanced cutaneous squamous cell carcinoma presented at ASCO 2020 show durable responses that deepen over time, Sanofi names new leaders to Executive Committee, Sanofi’s Board of Directors notes the resignation of Emmanuel Babeau and coopts Gilles Schnepp as Independent Director, Sanofi announces pricing of Regeneron stock offering, Sanofi: FDA approves Dupixent® (dupilumab) as first biologic medicine for children aged 6 to 11 years with moderate-to-severe atopic dermatitis, Sanofi intends to sell its equity investment in Regeneron; confirms no change to ongoing collaboration, Dupixent® (dupilumab) eosinophilic esophagitis trial meets both co-primary endpoints, Sanofi to highlight pipeline programs in a series of interactive virtual sessions leading to a R&D day event, FDA grants priority review of sutimlimab, potential first approved treatment of hemolysis in adult patients with Cold Agglutinin Disease, Sarclisa® (isatuximab) Phase 3 IKEMA trial meets primary endpoint early in patients with relapsed multiple myeloma, Libtayo® (cemiplimab) shows clinically meaningful and durable responses in second-line advanced basal cell carcinoma, Sanofi: Annual General Meeting of April 28, 2020, Sanofi: Phase 3 trial of Libtayo® (cemiplimab) as monotherapy for first-line advanced non-small cell lung cancer stopped early due to highly significant improvement in overall survival, Sanofi and Regeneron provide update on U.S.
House Speaker Nancy Pelosi had a “productive” talk about potential stimulus with the Treasury Secretary this morning, according to her spokesman, who added they will will speak again Thursday.“It’s important we get something done, but it’s not fatal for the economy if we don’t get something right way, it just means things will be slower,” said Keith Lerner, chief market strategist at SunTrust Advisory Services. The primary endpoint is prevention of deep or superficial surgical site infection, as determined by a blinded review committee within 30 days post abdominal surgery.Wilbur expects the application of D-PLEX100 locally to the wound site combined with its extended release through thousands of bilayers of polymers and lipids to yield increased efficacy and safety over the current standard of care (SoC), which usually involves an antibiotic IV before an incision.It should be noted that SHIELD I remains on track to enroll 600-900 patients across 60 centers globally, starting with centers in Israel and Europe before continuing to the U.S. “Management sees minimal anticipated impacts from the COVID-19 pandemic for this trial, and robust top line data (expected in late 2021) coupled with the benefits from the Fast Track Designation may be enough to obtain early approval for the drug,” Wilbur commented.As SHIELD II is set to initiate in late 2020, with it serving as the second potential confirmatory Phase 3 trial, Wilbur sees an exciting opportunity on the table.It should come as no surprise, then, that Wilbur sides with the bulls. First-half Vaccines sales were down 2.0% to ¬1,836 million. Prime Minister Boris Johnson set a deadline of Thursday to thrash out the outline of a European Union trade deal.European Central Bank President Christine Lagarde leads off the virtual annual meetings of the International Monetary Fund and the World Bank Group. By continuing to browse this website, you agree to the use of such cookies. Menactra ® ), Adult Booster vaccines (incl.
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