SAFC sales grow in Q3

Sales at Sigma-Aldrich's ice chemicals business unit, SAFC, grew 12% to $167m in Q3 2010. The company said this was partly due to improved growth in the sale of bulk chemical products for development and manufacturing. Rakesh Sachdev, Sigma-Aldrich's SVP, CFO and Chief Administrative Officer, expects SAFC sales in Q4 to continue to be strong, but said he expected the comparison to last year will be less favourable than earlier quarters as a result of strong sales of adjuvants for the H1N1 vaccine, which occurred in the fourth quarter of 2009. Jai Nagarkatti, Sigma-Aldrich's Chairman, President, and CEO, said that in Q3 SAFC's pharma sales grew in the US but fell in Europe.
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