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Regeneron Pharmaceuticals Inc - REGN STOCK NEWS

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.

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Regeneron Pharmaceuticals, Inc. and Sanofi's sBLA for Dupixent® (dupilumab) in adolescents with Chronic Rhinosinusitis with Nasal Polyposis has been accepted for FDA Priority Review. If approved, Dupixent would be the first treatment in the U.S. for this condition in adolescents aged 12-17 years. The target action date for the FDA decision is September 15, 2024. The sBLA is based on positive pivotal trials in adults that showed Dupixent improved nasal congestion, polyp size, sense of smell, and reduced the need for systemic corticosteroids or surgery.

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Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) has announced positive preliminary data from the ongoing Phase 1/2 CHORD trial, showing significant hearing improvements in children with genetic deafness who received the investigational gene therapy DB-OTO. One child achieved normal hearing levels within 24 weeks, while another showed initial improvements at 6 weeks. The results were presented at the ASGCT conference, highlighting the potential of DB-OTO as a treatment for otoferlin-related deafness.

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Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) will be participating in investor conferences including the RBC Capital Markets Global Healthcare Conference, Jefferies Global Healthcare Conference, and Goldman Sachs 45th Annual Global Healthcare Conference. The webcasts can be accessed on the company's website, with replays available for 30 days.

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Regeneron reported first quarter 2024 financial results with revenues decreasing 1% to $3.15 billion; excluding Ronapreve, revenues increased 7%. Dupixent global net sales rose 24% to $3.08 billion, EYLEA U.S. net sales were $1.40 billion, and Libtayo global net sales increased 45% to $264 million. The company announced a $3.0 billion share repurchase program. Regeneron is progressing well in delivering medicines, advancing its pipeline, and pursuing cutting-edge science, particularly in retinal diseases, oncology, and potential regulatory approvals. Financially, GAAP net income decreased by 12% and non-GAAP diluted EPS decreased by 5%. The company is focusing on innovation and returned $298 million to shareholders through share repurchases.

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Regeneron Pharmaceuticals, Inc. announced positive long-term results from the EYLEA HD clinical program, showcasing durable efficacy and safety in patients with retinal diseases. The data presented at ARVO highlight the potential of EYLEA HD as a new standard of care for wet age-related macular degeneration, diabetic macular edema, and diabetic retinopathy. Notable presentations include results from the PHOTON and PULSAR trials, demonstrating maintained visual improvements with EYLEA HD.

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Regeneron Pharmaceuticals, Inc. (REGN) and Mammoth Biosciences, Inc. collaborate to advance in vivo CRISPR-based gene editing therapies for multiple diseases. Regeneron's AAV vectors and Mammoth's ultracompact gene editing systems aim to target tissues beyond the liver. Mammoth receives $100 million upfront payment and equity investment, with potential milestone payments totaling up to $370 million per target. Regeneron gains access to Mammoth's editing technologies for a period of five and a half years.
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Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) will showcase new data and updates on its oncology and hematology pipeline at the ASCO 2024 Annual Meeting. The presentations will cover investigational treatments for a variety of solid tumors and blood cancers, including REGN7075, a promising costimulatory bispecific antibody in combination with Libtayo. The company's commitment to cancer research and development of innovative therapies is evident in the diverse pipeline of checkpoint inhibitors and bispecific antibodies being presented at the conference.
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Regeneron Pharmaceuticals, Inc. to showcase genetic medicine research advancements at ASGCT conference, including results from clinical study of otoferlin gene therapy DB-OTO for genetic hearing loss. The company will present data on delivery systems, immune response modulation, and sustained treatment expression. Regeneron aims to overcome obstacles in genetic medicine implementation through innovative approaches. Promising early results from gene therapy programs raise hope for future treatments.
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Regeneron Pharmaceuticals, Inc. presents positive pivotal data on linvoseltamab for relapsed/refractory multiple myeloma at AACR Annual Meeting 2024. The data show promising results with high response rates, durable responses, and good safety profile.
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Regeneron Pharmaceuticals, Inc. (REGN) will report its Q1 2024 financial results on May 2, 2024. A conference call and webcast will be held at 8:30 AM Eastern Time. Participants can join via webcast or telephone.
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FAQ

What is the current stock price of Regeneron Pharmaceuticals (REGN)?

The current stock price of Regeneron Pharmaceuticals (REGN) is $701.85 as of December 20, 2024.

What is the market cap of Regeneron Pharmaceuticals (REGN)?

The market cap of Regeneron Pharmaceuticals (REGN) is approximately 77.4B.

What types of diseases does Regeneron Pharmaceuticals focus on?

Regeneron focuses on eye diseases, cardiovascular conditions, cancer, and inflammatory disorders.

What are some of Regeneron's key products?

Key products include Eylea for eye diseases, Praluent for lowering LDL cholesterol, Dupixent for immunology, Libtayo for oncology, and Kevzara for rheumatoid arthritis.

Who are some of Regeneron's notable collaborators?

Regeneron collaborates with Sanofi, Alnylam, and Intellia on various projects, including monoclonal and bispecific antibodies, RNAi, and CRISPR-based gene editing.

What recent financial steps has Regeneron taken?

Regeneron has initiated a $3.0 billion share repurchase program and reported strong financial performance in the first quarter of 2024.

How does Regeneron leverage genetic medicine?

Regeneron utilizes data-powered insights from the Regeneron Genetics Center® and employs proprietary technologies like VelociSuite® to advance drug development.

What is the significance of Eylea in Regeneron's product portfolio?

Eylea is a crucial product for treating wet age-related macular degeneration and other eye diseases, contributing significantly to Regeneron's revenue.

What advancements has Regeneron made in gene therapy?

Regeneron is progressing in gene therapy for genetic deafness and solid tumors, showcasing promising early results in clinical trials.

What is Dupixent used for?

Dupixent is used in treating various immunological conditions and has shown significant growth since its launch, treating over 850,000 patients.

What technologies does Regeneron use for drug development?

Regeneron uses proprietary technologies such as VelociSuite®, which includes platforms for producing optimized human antibodies and bispecific antibodies.

How does Regeneron contribute to scientific discovery?

Regeneron pushes the boundaries of scientific discovery with pioneering genetic medicine platforms and data insights, aiming to develop transformative therapies.

Regeneron Pharmaceuticals Inc

Nasdaq:REGN

REGN Rankings

REGN Stock Data

77.39B
106.22M
1.56%
90.64%
1.63%
Biotechnology
Pharmaceutical Preparations
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United States of America
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