Sanofi Reports 3Q09 Annualized Lovenox Sales of $4.4B
[Sanofi’s reporting currency is the Euro, but the growth rates reported below are in local currencies unless otherwise specified. Tallying growth in local currencies is a way to track the change in volume and price irrespective of exchange rates. The figures below are annualized, i.e. they are 4x the reported 3Q09 numbers.]
Worldwide Lovenox sales rose 14% year-over-year (18% in Euros) to an annualized rate of €3.0B, which is $4.4B at the current exchange rate.
In the US (where MNTA and NVS have filed an application to sell generic Lovenox), annualized 3Q09 Lovenox sales rose 8% in dollars to $2.6B.
The breakdown of 3Q09 sales by geography is as follows (growth rates are year-over-year in local currencies):
US: €1.77B (59% of total), 8% growth EU: €880M (29% of total), 23% growth RoW: €330M (11% of total), 19% growth === Total: €2.99B, 14% growth
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