Tag Archives: sales

Altria invests $372 million in Swiss tobacco company Burger Sohne as cigarette sales fall

On! is a brand of oral tobacco-derived nicotine pouches. Source: On! Altria is taking an 80% stake in the global business of Swiss tobacco company Burger Sohne for $ 372 million, the companies said Monday. As part of the deal, Altria will provide global distribution for Burger Sohne’s oral nicotine pouches On — kind of… Read More »

Thank you, Jardiance: Diabetes drug sales ease Boehringer’s patent-loss pain

As sales of its blockbuster asthma and COPD drug Spiriva flagged in 2018, Boehringer Ingelheim needed a boost from its other products. Turns out diabetes was the key. The German drugmaker reported an impressive 52.5% increase in sales from its partnership with Eli Lilly on the Jardiance family of SGLT2 diabetes drugs, including Synjardi and… Read More »

Sanofi plans sales layoffs—again—in primary care, diabetes

Sanofi has been hit hard by pricing pressure in diabetes, and now the drugmaker’s U.S. sales force is set for another round of job cuts. A spokeswoman said the company is “re-aligning” its sales employees’ “commercial approach to adapt with changing market dynamics.” The company will start the layoffs in June. Sanofi doesn’t “know at… Read More »