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Regeneron Pharmaceuticals Inc. (symbol: REGN) is a prominent American biotechnology company headquartered in Westchester County, New York, since its founding in 1988. The core mission of Regeneron is to discover, develop, and commercialize innovative products targeting a range of serious medical conditions. With a diverse portfolio, Regeneron focuses on therapies for eye diseases, cardiovascular conditions, cancer, and inflammatory disorders.
Among its marketed products, Eylea stands out as a treatment for wet age-related macular degeneration and other eye diseases. Praluent is designed to lower LDL cholesterol levels, while Dupixent addresses multiple immunological conditions. In the oncology sector, Libtayo is a key therapy, and Kevzara targets rheumatoid arthritis.
The company is also heavily invested in the development of monoclonal and bispecific antibodies, often in collaboration with Sanofi and other partners. These initiatives include cutting-edge technologies such as RNA interference (RNAi) with Alnylam and CRISPR-based gene editing with Intellia.
Regeneron's recent progress includes significant advancements in its clinical-stage pipeline, which comprises over 35 product candidates. The company's financial health remains robust, supported by strong revenue streams from collaboration with Sanofi and a strategic $3.0 billion share repurchase program authorized by the board.
Latest updates highlight the company's ongoing efforts in gene therapy, particularly in treating genetic deafness and solid tumors. Regeneron's commitment to pioneering genetic medicine and leveraging data insights from the Regeneron Genetics Center® positions it as a leader in the biopharmaceutical industry.
For more information, visit Regeneron Pharmaceuticals.
Regeneron Pharmaceuticals (Nasdaq: REGN) and Alnylam Pharmaceuticals (Nasdaq: ALNY) announced positive interim results from the Phase 1 clinical study of ALN-APP, an RNAi therapeutic targeting amyloid precursor protein for Alzheimer’s disease and cerebral amyloid angiopathy. The study enrolled 20 patients, revealing that single doses of ALN-APP achieved dose-dependent reductions of soluble APPα and APPβ in cerebrospinal fluid, with decreases of up to 90%. Safety and tolerability were encouraging, with only mild to moderate adverse events reported. This marks the first demonstration of RNAi gene silencing in the human brain, utilizing Alnylam's C16 platform. Further data will be disclosed at an upcoming scientific conference, and the trial continues to explore longer-term effects.
On April 17, 2023, Regeneron Pharmaceuticals (NASDAQ: REGN) announced significant leadership changes. P. Roy Vagelos, M.D., the Chair of the Board since 1995, will retire and not seek reelection at the 2023 Annual Meeting on June 9. Following his departure, Leonard S. Schleifer, M.D., Ph.D., and George D. Yancopoulos, M.D., Ph.D., will serve as Co-Chairs of the Board while maintaining their executive roles. Additionally, Christine A. Poon will become the Lead Independent Director. Dr. Vagelos expressed pride in Regeneron's transformation into a leading biopharmaceutical company, confident in the new leadership's ability to enhance shareholder value.
Regeneron Pharmaceuticals (NASDAQ: REGN) and Bayer announced that their aflibercept 8 mg and EYLEA (aflibercept) injections will be featured in 18 presentations at the upcoming ARVO 2023 Annual Meeting, scheduled for April 23-27.
Key highlights include results from pivotal trials, PULSAR and PHOTON, on the efficacy and safety of aflibercept 8 mg for treating wAMD and DME. Notably, the FDA accepted a Biologics License Application for aflibercept 8 mg, targeting a decision by June 27, 2023. The drug is currently investigational and has not been fully evaluated by regulatory bodies.
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