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Sanofi Profit Growth Slowed by Spending on Research

Sanofi Profit Growth Slowed by Spending on Research

Bloomberg7 days ago
Sanofi reported lower-than-expected profit for the second quarter as the French drugmaker spent more to develop new treatments.
Earnings per share excluding some items rose 1.9% to €1.59, the company said Thursday, lower than the €1.67 estimated by analysts surveyed by Bloomberg. Sales were as expected, led by new indications for the blockbuster Dupixent.
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