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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <pubDate>Fri, 24 Apr 2026 17:23:06 +0500</pubDate>
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      <title>Sanofi Q1 profit buoyed by better-than-expected Dupixent sales</title>
      <link>https://english.aaj.tv/news/30319347/sanofi-q1-profit-buoyed-by-better-than-expected-dupixent-sales</link>
      <description>&lt;p&gt;&lt;strong&gt;French drugmaker Sanofi (SASY.PA) on Thursday posted better-than-expected earnings for the first quarter as continued gains from anti-inflammatory drug Dupixent more than offset declining sales from an established multiple sclerosis drug.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;It reported an 8.7% rise in quarterly business operating income, or adjusted earnings before interest and tax, to 3.33 billion euros ($3.7 billion), ahead of an average analyst estimate of 3.14 billion posted on the company’s website.&lt;/p&gt;
&lt;p&gt;Revenue from eczema and asthma drug Dupixent, jointly developed with Regeneron (REGN.O), surged more than 43% to 2.32 billion euros, above a consensus of 2.27 billion euros.&lt;/p&gt;
&lt;p&gt;Quarterly sales of an older multiple sclerosis pill known as Aubagio dropped almost 17% to 419 million euros, after it was hit by cheap generic copies that came to U.S. markets in mid-March. In Europe, market exclusivity is expected to end in the fourth quarter.&lt;/p&gt;
&lt;p&gt;The Paris-based drugmaker said on Thursday it still expected 2023 adjusted earnings per share to grow by a “low single digit” percentage, not taking into account an expected negative currency impact of between 5.5% and 6.5%.&lt;/p&gt;
&lt;p&gt;It had previously flagged a negative currency impact of between 3.5% and 4.5%.&lt;/p&gt;
&lt;p&gt;Dupixent was successfully tested last month to treat “smoker’s lung” or chronic obstructive pulmonary disease (COPD), potentially adding billions to the Sanofi’s growth prospects, but also underscoring a heavy reliance on the bestseller.&lt;/p&gt;
&lt;p&gt;Finance chief Jean-Baptiste de Chatillon said in a media call that, for now, there would be no new annual peak sales estimate for the product, which Sanofi has put at more than 13 billion euros.&lt;/p&gt;
&lt;p&gt;According to presentation slides, the details of the COPD study are scheduled to be published at a meeting of the American Thoracic Society in Washington DC on May 19-24.&lt;/p&gt;
&lt;p&gt;Also last month, Sanofi struck a deal to acquire Provention Bio (PRVB.O) for $2.9 billion to bolster its work on an approved type 1 diabetes therapy and strengthen its drug pipeline following development setbacks. CFO de Chatillon said on Thursday the takeover was progressing as planned.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>French drugmaker Sanofi (SASY.PA) on Thursday posted better-than-expected earnings for the first quarter as continued gains from anti-inflammatory drug Dupixent more than offset declining sales from an established multiple sclerosis drug.</strong></p>
<p>It reported an 8.7% rise in quarterly business operating income, or adjusted earnings before interest and tax, to 3.33 billion euros ($3.7 billion), ahead of an average analyst estimate of 3.14 billion posted on the company’s website.</p>
<p>Revenue from eczema and asthma drug Dupixent, jointly developed with Regeneron (REGN.O), surged more than 43% to 2.32 billion euros, above a consensus of 2.27 billion euros.</p>
<p>Quarterly sales of an older multiple sclerosis pill known as Aubagio dropped almost 17% to 419 million euros, after it was hit by cheap generic copies that came to U.S. markets in mid-March. In Europe, market exclusivity is expected to end in the fourth quarter.</p>
<p>The Paris-based drugmaker said on Thursday it still expected 2023 adjusted earnings per share to grow by a “low single digit” percentage, not taking into account an expected negative currency impact of between 5.5% and 6.5%.</p>
<p>It had previously flagged a negative currency impact of between 3.5% and 4.5%.</p>
<p>Dupixent was successfully tested last month to treat “smoker’s lung” or chronic obstructive pulmonary disease (COPD), potentially adding billions to the Sanofi’s growth prospects, but also underscoring a heavy reliance on the bestseller.</p>
<p>Finance chief Jean-Baptiste de Chatillon said in a media call that, for now, there would be no new annual peak sales estimate for the product, which Sanofi has put at more than 13 billion euros.</p>
<p>According to presentation slides, the details of the COPD study are scheduled to be published at a meeting of the American Thoracic Society in Washington DC on May 19-24.</p>
<p>Also last month, Sanofi struck a deal to acquire Provention Bio (PRVB.O) for $2.9 billion to bolster its work on an approved type 1 diabetes therapy and strengthen its drug pipeline following development setbacks. CFO de Chatillon said on Thursday the takeover was progressing as planned.</p>
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      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/30319347</guid>
      <pubDate>Thu, 27 Apr 2023 13:17:03 +0500</pubDate>
      <author>none@none.com (Reuters)</author>
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        <media:title>Sanofi logo at the company’s headquarters during the annual results news conference in Paris, France, February 4, 2022. REUTERS
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