Stallergenes

Stallergenes: Q2 2008 Sales up 18% Revision Upwards of 2008 Sales Growth

    Antony, France (ots/PRNewswire) -

    - 1st Half-Year Sales Up 16%

    - Revision Upwards of 2008 Sales Growth Guidance: (greater than or equal to)12%

ANTONY, France, July 10 /PRNewswire/ --

@@start.t1@@      EUR millions                         2006              2007        07/06      2008        08/07
                                              EURM %Sales EURM  %Sales    %    EURM %Sales    %
                                                                                    change                  change
      Southern Europe (1)         20.5    72    23.2      72      13    26.8    71      15
      Other EU countries (2)      6.9    24      7.7      24      11      9.3    24      20
      Other markets                    1.2      4      1.3        4      15      2.0      5      47
      SLIT                                 21.8    76    25.1      77      15    30.4    80      21
      SCIT                                  5.4    19      5.6      18        5      6.1    16        7
      Other products                  1.5      5      1.5        5      (0)    1.6      4        4
      Total Q2 sales                 28.6  100    32.2    100      13    38.0  100      18
      Southern Europe (1)         48.1    75    56.5      76      18    64.7    75      14
      Other EU countries (2)    13.7    21    15.8      21      15    18.6    21      18
      Other markets                    2.4      4      2.5        3        5      3.7      4      46
      SLIT                                 49.4    77    59.7      80      21    71.3    82      19
      SCIT                                 11.6    18    11.8      16        2    12.3    14        4
      Other products                  3.2      5      3.2        4        3      3.4      4        6
      Total H1 sales                 64.2  100    74.8    100      17    87.0  100      16
      (1) Portugal, Spain, France, Italy, Greece; (2) Switzerland included@@end@@

    2008 second quarter sales recorded strong growth in all markets (+18% vs +13% in 2007). Eastern European markets and other markets outside Europe made a significant contribution to this growth. The most buoyant segment of the market remained desensitisation via the sublingual route (SLIT, +21%, vs +15% in 2007) whose reputation was enhanced by the launch of allergen tablets.

    Cumulated sales for the first half-year increased by 16% compared to the first half 2007, when growth was already particularly strong (+ 17%). This good performance has enabled the Group to revise its sales growth guidance upwards to growth of at least 12% in 2008 (vs (greater than  or equal to)10% previously), boosted by the growing success of the sublingual  route, in which Stallergenes continues to strengthen its leadership.

    The commercial launch of ORALAIR(R) Grasses for adults will take place in Germany in the next few weeks, following the grant, on 24 June 2008, of the marketing authorisation. The request for a paediatric extension of ORALAIR(R) Grasses has been filed with the Paul Ehrlich Institute. The application for clinical studies for ORALAIR(R) Grasses in the US will be filed in July.

    The 2008 first half-year financial results will benefit from a strong level of activity and will show a marked improvement compared to 2007. These results will be released on 27 August 2008.

    About Stallergenes

    Stallergenes is a European biopharmaceutical company dedicated to desensitisation therapies for the prevention and treatment of allergy-related respiratory diseases, e.g. rhino-conjunctivitis and allergic asthma. A pioneer and leader in sublingual desensitisation treatment, Stallergenes devotes 16% of its turnover to Research and Development and is actively involved in the development of a new therapeutic class: sublingual desensitisation tablets.

    In 2007, Stallergenes had a turnover of 147 million euros and provided desensitisation treatments to more than 500,000 patients.

      Stallergenes is listed in Euronext Paris (Compartment B) and
      is part of the sample composing the SBF 120 index.
      ISIN Code: FR0000065674
      Reuters Code: GEN.PA
      Bloomberg Code: GEN.FP

    Additional information is available on http://www.stallergenes.com

ots Originaltext: Stallergenes
Im Internet recherchierbar: http://www.presseportal.ch

Contact:
Contacts: Albert Saporta - Chairman, Tel.: +33-1-55-59-20-04;
Christian Thiry- Chief Financial Officer, Tell.: +33-1-55-59-20-95 -
e-mail : investorrelations@stallergenes.fr . Press Relations
Stallergenes: Lise Lemonnier - Communications Manager, Tel.:
+33-1-55-59-20-96 - e-mail : llemonnier@stallergenes.fr ; Investors
and analysts relations: Pavie Finance, Lucile de Fraguier - Tel.:
+33-1-42-15-04-39, E-mail: contact@pavie-finance.com .



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