1. HBW Insight
  2. >>Wellness
  3. >>Business
  4. >>Earnings

Sanofi Benefits From Stockpiling In Q1, Predicts Long-Term Uplift In Supplements Demand

 
• By Tom Gallen

Sanofi benefits from coronavirus-triggered stockpiling in Q1, with Consumer Healthcare head Alan Main suggesting the pandemic may have turned more consumers into regular dietary supplement users

Lyon France, 3 October 2017: White logo of the french multinational pharmaceutical company Sanofi on their glass office building in Lyon France - Image

Stockpiling of pain relief and cough/cold OTCs globally at the beginning of the coronavirus pandemic helped lift Sanofi’s Consumer Healthcare sales by 4.2% at constant exchange rates to €1.3bn ($1.4bn) in the first quarter of 2020.

Sanofi CEO Paul Hudson said “COVID-related pantry loading” had contributed 6 percentage points of growth to Consumer Healthcare’s first quarter...

Read the full article – start your free trial today!

Join thousands of industry professionals who rely on HBW Insight for daily insights

  • Start your 7-day free trial
  • Explore trusted news, analysis, and insights
  • Access comprehensive global coverage
  • Enjoy instant access – no credit card required
Start Free Trial

Already a subscriber?

More from Earnings

More from Business

OLLY’s Lovin’ Libido Claims Score Support With Studies Of Women Reporting ‘Generally Low’ Desire

 
• By Malcolm Spicer

NAD reports the populations of six of seven RCTs Olly referenced as evidence were key in substantiating claims for Lovin’ Libido ashwagandha supplement challenged by Bayer. Supplement industry, though, is challenging the FTC’s RCT standard for claims support.

AstaReal Launches Membralife Supplement Following CEO Change

 
• By Tom Gallen

Designed to help moisturize the body’s mucous membranes, the Membralife supplement is now available in Sweden. The launch comes with AstaReal now under new management following the appointment of Daniel Flodqvist as CEO.

US Consumer Health People News: Thrive, Cypress Minerals, Curaleaf, Lemon Fresh, Nature Made

 
• By Malcolm Spicer

Curaleaf appoints president, marketing, digital, and brand leads; Lemon Perfect adds marketing, strategy chiefs; Nature Made, HelloFresh stir up ‘Gut Friendly’ recipes; and Thrive serves promotions for USA Pickleball.