Stallergenes reports improved performance
French specialist allergy drug developer Stallergenes has reported an improvement in its financial performance, with net profits up 32% to 13.4 million euros ($16.2 million), just as Danish competitor ALK-Abello received European marketing approval for its hay fever treatment Grazax (see page 23). This news caused Stallergenes' share price to fall 2.1% on the day.
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