Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Sanofi SA (ADR) (SNY) Can Thank Its Vaccines

Sanofi SA (ADR) (NYSE:SNY) Pasteur seems to be making it big with its vaccines. In the third quarter the French drugmaker’s sales grew by 14% over last year. On a call with analysts, company executives attributed the growth of sales to early flu shipments to the U.S, a tactic that Sanofi’s rival GlaxoSmithKline Plc (NYSE:GSK) also applied during the same period.

However, its Dengvaxia, a first-of-its-kind dengue fever vaccine remained behind expectations, which according to CEO Olivier Brandicourt, is a good thing for Sanofi.

Highest Paid Medical Technicians in America

Natee K Jindakum/

Influenza vaccines made it big with an increase of 35%, which translated to €989 million ($1.1 billion). The new vaccine registered €30 million in the quarter giving the total year closure of €50 million.

Sanofi’s product portfolio

The global healthcare leader is well-known for its discovery, development and distribution of therapeutic solutions. It has previously provided vaccines against flaviviruses including yellow fever, dengue, and Japanese encephalitis, which obtained its first licensing in 2010. It is a world leader in the vaccine industry with a reliable vaccines division. It is the largest company that has an all rounded dedication to vaccines. The vaccines business unit continues to deliver following strong Q1 results earlier in the year with a vision of gaining entry into new territories

However, Brandicourt says, “Given recent political changes and economic volatility in emerging markets, the number of doses to be shipped in emerging markets, the number of doses to be shipped in Q4 is expected to be lower.”

Sanofi’s collaboration for Zika vaccine research

In its drive for growth, Sanofi SA (ADR) (NYSE:SNY)’s vaccines global business unit will be collaborating with the Oswaldo Cruz Foundation for purposes of Zika vaccine development. This will involve the use of WRAIR’s inactivated-virus vaccine (ZPIV) technology. They will bring their expertise together and complement each other in fighting Zika and later on work on a possibility of developing and licensing a safe and efficient Zika vaccine. In the meantime, there are plans by Sanofi to divide its European vaccines joint venture with Merck & Co., Inc. (NYSE:MRK).

Sanofi SA (ADR) (NYSE:SNY) stock closed at $39.75 on Wednesday.

Follow Sanofi Aventis (NYSE:SNY)
Trade (NYSE:SNY) Now!

Note: This article is written by Andy Parker and originally published at Market Exclusive.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.