Sanofi-Aventis Sales Up 10.7 Percent
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Sanofi-Aventis SA on Thursday said revenue rose 10.7 percent in the third quarter, as the company posted its first results since its creation from a tie-up between two French drug makers.
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Sanofi-Aventis SA, the world&#39;s third- largest drugmaker, said predecessor company Sanofi-Synthelabo SA&#39;s first-half profit rose 21 percent, helped by demand for the blood thinner Plavix and the cancer treatment Eloxatin.
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By Christopher Snowbeck, Pioneer Press, St. Paul, Minn.  Feb. 9--Shares of Bloomington-based MGI Pharma advanced more than 7 percent Thursday after the company provided an upbeat assessment of the market for its top-selling drug to prevent chemotherapy-induced nausea and vomiting.
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An experimental drug from Sanofi-Aventis, viewed as pivotal to the newly merged company's future, showed good results in the largest clinical study of the product to date.
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Drugmaker Merck & Co. Inc.  boosted its 2007 earnings forecast on Wednesday, citing better-than-expected sales of multiple products, including its cancer vaccine Gardasil and diabetes drug Januvia.
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Merck & Co  reported a better-than-expected profit on Monday, helped by sales of its vaccines and cholesterol drugs, and raised its 2007 profit forecast.
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US auto sales rose 10 percent in September, led by a 25 percent gain at General Motors Corp. and increases for DaimlerChrysler AG and Toyota Motor Corp.
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PARIS Sanofi-SynthÃ©labo, which this month completed its $63 billion purchase of a rival drug manufacturer, Aventis, reported Tuesday a 21 percent jump in first-half profit on higher demand for the blood thinner Plavix and the cancer treatment Eloxatin.
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Better test results for Elan Corp's key  Antegren drug lifted the Irish company's shares more than 10  percent as analysts said the data improved its chances of  becoming the leading multiple sclerosis treatment.
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Sanofi-Aventis's  Acomplia pill can significantly improve blood sugar levels in patients with type 2 diabetes while also reducing their weight, clinical trial data sponsored by the French drugmaker showed on Tuesday.
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Merck & Co. on Monday said second-quarter earnings rose on higher sales of its new vaccines and medicines, and the company raised its 2007 profit forecast amid continuing strong demand for the medicines.
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The U.S. government on Tuesday awarded Sanofi-Aventis  a contract worth up to &#36;41 million through 2008 to ensure enough eggs are available for future flu vaccine production.
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At a time when the drug industry is  being pounded with recalls and government investigations while  turning out few major new drugs, French drugmaker  Sanofi-Aventis appears to have a big winner on its hands.
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By Anne Krishnan, The News & Observer, Raleigh, N.C.  Feb. 7--Sales of Trimeris' HIV drug rose 20 percent last year, but the therapy could face increased competition in 2007.
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French drugmaker Sanofi-Aventis has won U.S. approval to sell a new vaccine designed to give longer protection against meningitis, a potentially fatal bacterial infection.
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The US Department of Health and Human Services has awarded a $41 million contract to Sanofi Aventis Inc. for flu vaccines. Health Secretary Tommy Thompson said part of the contract was to ensure there are
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A court ruling upholding the  patent on blockbuster blood-thinning drug Plavix has reignited  talk France&#39;s Sanofi-Aventis  will bid for its smaller  U.S. partner Bristol-Myers Squibb Co. .