Welcome to our dedicated page for Regeneron Pharmaceuticals news (Ticker: REGN), a resource for investors and traders seeking the latest updates and insights on Regeneron Pharmaceuticals stock.
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 and Sanofi have announced that the European Commission expanded the marketing authorization for Dupixent (dupilumab) to include children aged 6 to 11 with severe asthma characterized by type 2 inflammation. Supported by Phase 3 trial data, Dupixent significantly reduced severe asthma attacks by up to 65% compared to placebo, improved lung function, and quality of life. The treatment also reduced reliance on systemic corticosteroids by 66%. The approval highlights Dupixent's established safety profile and its commitment to addressing severe asthma in pediatric patients.
Regeneron Pharmaceuticals (NASDAQ: REGN) will announce its first quarter 2022 financial results on May 4, 2022, before U.S. markets open. A conference call will follow at 8:30 AM ET, accessible via webcast on the company's website. Participants must register in advance to join by phone, receiving a confirmation email with call details. Regeneron focuses on innovative medicines for serious diseases, leveraging proprietary technologies like VelociSuite® and genetic sequencing efforts through the Regeneron Genetics Center.
Regeneron Pharmaceuticals announces that the FDA has accepted for Priority Review its sBLA for Dupixent (dupilumab) to treat eosinophilic esophagitis (EoE) in patients aged 12 and older. If approved, Dupixent will be the first FDA-approved treatment for EoE in the U.S. Currently, there are around 160,000 patients in the U.S. with EoE, with about 48,000 not responding to existing therapies. The FDA's decision is expected by August 3, 2022. The sBLA is backed by Phase 3 trial data showing Dupixent's efficacy in easing EoE symptoms.
Regeneron and Sanofi announced positive results from the Phase 3 PRIME2 trial for Dupixent (dupilumab), showing significant effectiveness in treating prurigo nodularis. At 12 weeks, 37% of patients on Dupixent experienced meaningful itch reduction, compared to 22% on placebo. By 24 weeks, this increased to 58% vs 20%. Dupixent also improved skin clarity in 45% of patients. Regulatory filings for Dupixent's approval in prurigo nodularis are planned for 2022. Safety results were consistent with its existing profile, although some adverse events were reported.
Regeneron Pharmaceuticals (NASDAQ: REGN) and the Society for Science celebrated the winners of the 2022 Regeneron Science Talent Search, awarding over $1.8 million to students for their innovative research. Christine Ye won the top prize of $250,000 for her work on gravitational waves from neutron star-black hole collisions. The competition, held in person for the first time since 2019, recognized 40 finalists for their exceptional scientific projects aimed at addressing global challenges. In total, Regeneron awarded $3.1 million across various prizes and scholarships.
On February 28, 2022, Intellia Therapeutics and Regeneron Pharmaceuticals announced promising interim results from a Phase 1 clinical trial of NTLA-2001 for treating transthyretin amyloidosis (ATTR). The study demonstrated a mean serum TTR reduction of 93% at the highest dose (1.0 mg/kg) by day 28, with durable reductions lasting between two to twelve months. The treatment was generally well tolerated, with mild adverse effects reported. The companies plan to advance the therapy into a dose-expansion cohort in Q1 2022, marking a significant step in CRISPR-based genomic medicine.
Regeneron and Sanofi announced positive Phase 3 trial results for Dupixent (dupilumab) 300 mg weekly in treating eosinophilic esophagitis (EoE), a chronic inflammatory disease. The trial showed a 64% reduction in disease symptoms after 24 weeks compared to placebo, with 59% of Dupixent patients achieving histological remission. The safety profile was consistent with previous studies. Regulatory filings are expected in 2022. EoE affects around 160,000 patients in the U.S., highlighting the potential market for Dupixent in this indication.
Regeneron Pharmaceuticals and Sanofi announced positive Phase 3 trial results for Dupixent (dupilumab) in treating chronic spontaneous urticaria (CSU) in biologic-naïve patients. The trial showed that Dupixent significantly reduced itch and urticaria activity scores at 24 weeks compared to standard antihistamine treatment. Key findings included a 63% reduction in itch severity and a 65% reduction in urticaria activity. The safety profile of Dupixent remained consistent, with adverse events rates comparable to placebo. Dupixent's potential for treating CSU is still under clinical evaluation.
Regeneron and Sanofi announced the termination of a Phase 3 trial for Dupixent in patients with chronic spontaneous urticaria (CSU) due to failure to achieve statistical significance despite observed improvements in key endpoints. The trial was halted based on an interim analysis indicating futility. However, a previous Phase 3 trial showed positive results in biologic-naïve patients, indicating Dupixent significantly reduced itch and hives. Both companies remain committed to developing Dupixent for CSU and are evaluating next steps following this setback.
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