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 (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.
Regeneron Pharmaceuticals (NASDAQ: REGN) announced positive outcomes from its Phase 2 trial of aflibercept 8 mg, showing enhanced visual acuity and drying effects compared to the standard 2 mg EYLEA dose. The trial met primary safety endpoints with no new safety signals observed through week 44. Key results include 40% of patients achieving dryness in the center subfield and average letter improvements of 7.9 in the aflibercept group. Phase 3 results for wet age-related macular degeneration and diabetic macular edema are anticipated in late 2022.
Regeneron Pharmaceuticals and Sanofi announced that the FDA has accepted for Priority Review the supplemental Biologics License Application for Dupixent (dupilumab) targeting children aged 6 months to 5 years with uncontrolled moderate-to-severe atopic dermatitis. This approval could make Dupixent the first biologic treatment for this age group, with a decision expected by June 9, 2022. The application is backed by successful Phase 3 trial results showing improved skin clearance and reduced disease severity compared to standard treatments, while safety results align with earlier data for older patients.
Regeneron Pharmaceuticals reported strong financial results for Q4 and FY 2021, with revenues soaring by 104% to $4.95 billion and 89% to $16.07 billion, respectively. Key drivers included $2.30 billion from REGEN-COV and significant growth in EYLEA and Dupixent sales. GAAP diluted EPS rose to $19.69 for Q4 and $71.97 for FY 2021. Despite success, the FDA's revision of REGEN-COV's Emergency Use Authorization raised concerns as it is not effective against the Omicron variant. The company aims to expand Dupixent's indications and develop next-generation antibodies.
Regeneron Pharmaceuticals (NASDAQ: REGN) and Sanofi announced promising Dupixent (dupilumab) data set to be presented at the AAAAI Annual Meeting from February 25 to 28, 2022. Highlights include significant disease improvements in eosinophilic esophagitis and chronic spontaneous urticaria, with 18 abstracts supporting Dupixent’s role in type 2 inflammation. The ongoing clinical investigations have not yet received regulatory approval. Dupixent is already approved for various indications, with over 350,000 patients treated globally.
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