Updated Jul. 23, 2009 at 12:01 p.m.

Sales of Trimeris’ HIV drug reverse downward slide in second quarter

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DURHAM, N.C. – Sales of the HIV drug Fuzeon ended a six-month slide in the second quarter, biopharmaceutical firm Trimeris reported Thursday.

Trimeris (Nasdaq: TRMS) sells the drug internationally in partnership with Roche.

Fuzeon sales increased 5 percent from the first quarter to $29.1 million in the second three months of 2009. However, that total still represents a 24 percent drop from $38.3 million in the same quarter of 2008.

Global sales increased 9 percent from the first quarter to $19.4 million, but U.S. and Canada sales fell 2 percent to $9.7 million from $10 million in the first quarter and 39 percent from a year ago.

Sales in the U.S. and Canada are less than a third of the $32.9 million reported in the second quarter of 2007.

Trimeris will announce its overall financial results in August.

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