Salem Radio Network News Saturday, September 18, 2021

Business

Sanofi raises profit forecasts after strong second quarter

PARIS (Reuters) – Sanofi raised its 2021 outlook after its vaccines and star eczema treatment Dupixent helped it post better-than-expected second-quarter results on Thursday.

The French drugmaker said it was now targeting earnings per share to grow around 12% at constant exchange rates this year. It had previously been expecting a “high single digit” rise in earnings.

(Reporting by Matthias Blamont; Editing by Jacqueline Wong)

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