French drugmaker Stallergenes says fourth-quarter 2008 sales continued to register strong growth in all markets, up 15% year-on-year to 49.7 million euros ($66.3 million), bolstered by a 17% increase in revenue from sublingual immunotherapies to 40.4 million euros.
During the period, sales in southern Europe grew 14% to 36.4 million euros. The region includes Portugal, Spain, France, Italy and Greece. Meanwhile, turnover in other European Union countries, as well as Switzerland, jumped 17% to 11.3 million euros.
Quarterly sales of Oralair Grasses in Germany were in line with expectations. The commercial launch of the allergy drug for adults took place there at the end of July (Marketletter October 27, 2008). The marketing authorization for the use Oralair in children, which should be delivered very soon by the German agency, will initiate the European mutual recognition procedure of the product.
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