Results of a clinical study (VO67.10) of the house dust mites sublingual immunotherapy tablet, conducted in an Environmental Exposure Chamber (EEC).
Strong profitability supporting international expansion
• Sales up 9%
• Net profit up 20%
• Net cash of € 70 Million
Substantial increase in profitability: profit before R&D at 40% of sales, operating profit up 20%, net profit at 20% of sales
Antony, France; 30 May 2011 – 18pm
Antony (France), 24 May 2011 - Stallergenes S.A. announces the inauguration of its new administrative headquarters, located in Antony in the Hauts-de-Seine (92) area of France.
The Australian health authority, the Therapeutic Goods Administration (TGA), has approved the grass pollen sublingual immunotherapy tablet, Oralair® in adult and pediatric indications.
Sales up 12%,
Operating profit up 40%,
Net profit up 39%,
Cash generation >€50m,
Net cash of nearly €60m,
Proposed dividend of € 0.75 (up 36%)
Antony, France (20 January 2011) Stallergenes S.A. announces the opening of its new raw materials production unit in Amilly, le Loiret (France).
Stallergenes’ Works Council having returned a positive consultative opinion, Wendel and Ares Life Sciences proceeded to sign a firm transfer agreement.
Excellent 1st half-year 2010 performance: Growth in France and internationally +13%, very strong net profit growth +51%, free cash flow growth +90%
The persistence of the effect of sublingual allergen immunotherapy in perennial allergic rhinitis triggered by house dust mites has been demonstrated.
Results of a phase III clinical trial (VO55.06) conducted in China.
First results of the VO61.08 clinical trial conducted in the USA on the sublingual grass pollen immunotherapy tablet, Oralair®.
Further profit margin growth and significant cash generation:
- Sales up 13%, operating profit up 15%, net profit up 17%
- Record free cash flow of € 17.5 million (X 3.7)
- Net cash position turned positive
- Proposed...
These results provide confirmation of the clinical relevance of Oralair.
Obtention of the European approval in both adults and children through a Mutual Recognition Procedure.
First results of a new phase IIb/III clinical trial (VO59.08) conducted in allergic rhinitis caused by birch pollen.
The tablet for allergic rhinitis caused by exposure to dust mites has been given the following brand name: “ACTAIR”
Net profit up 11%, Strong research and investment effort, Positive net financial position, Annual growth guidance maintained at 10%
2nd quarter growth remained high at 9% (organic 8%), but slowed down compared with the very strong start of the year. Sales growth over the first half-year remained strong at 12% (organic 11%).
Release of the first year outcome of the VO 57.07 clinical study on a sublingual house dust mite desensitization tablet.
Strong growth in results, Sales up 16%, Net profit up 17%
Sound financial position
Proposed increase in dividend
Signing of an exclusive partnership agreement for the promotion and distribution of Stallergenes diagnostic and treatment products
The development of Stallergenes tablet-form pharmaceutical products will now be coordinated within a program dubbed “STALAIR®”.
Pediatric extension of the indications for Stallergenes sublingual tablets for desensitization to grass pollens.