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Sanofi-aventis Delivers 2008 Results Above Guidance
Date:2/11/2009

ions will be broadened so that we further develop creativity within R&D and deliver innovation to patients. The position of Chief Strategic Officer has been created at the Executive Committee level to achieve this integrated approach to strategy and business development.

This transformation program has already led to the rollout of a number of initiatives, the conclusions of which will be implemented from the summer of 2009.

Commenting on the objectives of the program, Chris Viehbacher, sanofi-aventis Chief Executive Officer, said: "Our ambition is to become a diversified global leader in healthcare, with one of the most productive R&D in the sector. Our objective is to deliver EPS growth ahead of current expectations of financial markets, while strengthening or building platforms for growth for 2012 and beyond."

2008 fourth-quarter and full-year net sales

Unless otherwise indicated, all sales growth figures in this press release are stated on a comparable basis(1) (excluding the impact of exchange rate movements and changes in Group structure).

Sanofi-aventis generated fourth-quarter net sales of EUR 7,089 million, up 3.6%. 2008 full-year sales rose by 3.7% to EUR 27,568 million.

Pharmaceuticals

Fourth-quarter net sales for the Pharmaceuticals business were up 3.1% at EUR 6,380 million, with the withdrawal of Acomplia(R) costing 0.5 of a point of growth over the quarter.

Full-year net sales for the Pharmaceuticals business were up 3.1% at EUR 24,707 million. The impact of generics(3) of Ambien IR(R) in the United States and of Eloxatin(R) in Europe pared around 2.2 points off growth.


    EUR million               Change on a                 Change on a
                    Q4 2008    comparable     FY 2008     comparable
        
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SOURCE sanofi-aventis
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