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News Breaks
June 13, 2012
10:16 EDTREGN, RHHBYRegeneron drops 6% after Ophthotech reports positive data
Privately-held Ophthotech this morning announced results from its first clinical trial to show statistically significant superior efficacy over Roche's (RHHBY) Lucentis monotherapy for the treatment of neovascular age-related macular degeneration, or wet AMD. In a Phase 2b clinical trial of 449 patients with wet AMD, Ophthotech’s Fovista anti-PDGF therapy, administered in combination with Lucentis anti-VEGF therapy, met the pre-specified primary efficacy endpoint of mean vision gain. Patients receiving the combination of Fovista and Lucentis gained a mean of 10.6 letters of vision on the ETDRS standardized chart at 24 weeks, compared to 6.5 letters for patients receiving Lucentis monotherapy, representing a 62% additional benefit. Shares of Regeneron (REGN) are trading down 6.4%, or $8.13, to $117.91 following Ophthotech's trial results. Regeneron's Eylea drug also treats wet AMD, making Ophthotech's Fovista a potential competitor.
News For REGN;RHHBY From The Last 14 Days
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May 23, 2013
15:19 EDTRHHBYFDA announces approval of Roche diabetes test
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May 22, 2013
12:25 EDTREGNStocks with call strike movement; GME REGN
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10:33 EDTRHHBYBristol-Myers jumps after Citi ups rating on cancer potential
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10:00 EDTRHHBYOn The Fly: Analyst Upgrade Summary
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06:02 EDTRHHBYRoche upgraded to Buy from Neutral at Citigroup
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May 21, 2013
20:03 EDTRHHBYRoche, Sigma-Aldrich teamed for Life bid, Reuters says
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May 20, 2013
19:01 EDTREGNOn The Fly: After Hours Movers
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17:26 EDTREGN, RHHBYRegeneron, Genentech, Sanofi enter into 'Zaltrap agreement'
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17:20 EDTREGN, RHHBYRegeneron,, Bayer, Genentech resolve certain patent disputes
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07:28 EDTREGNAmerican Thoracic Society to hold a conference
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May 17, 2013
10:07 EDTREGNOn The Fly: Analyst Initiation Summary
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07:16 EDTREGNRegeneron initiated with a Neutral at UBS
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06:33 EDTREGNAmerican Thoracic Society to hold a conference
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May 15, 2013
15:59 EDTRHHBYRoche exploring sale of blood glucose meters unit, Reuters says
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12:13 EDTRHHBYRoche management to meet with Jefferies
Meeting to be held in London on May 17 hosted by Jefferies.
11:38 EDTRHHBYRoche says FDA approves Tarceva tablets for specific lung cancer situation
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05:39 EDTREGNSanofi, Regeneron announce patient enrollment in two Phase 3 trials
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May 14, 2013
16:55 EDTRHHBYFDA approves Roche's cobas EGFR mutation test with Tarceva
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07:34 EDTREGNRegeneron outlook positive, says RBC Capital
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May 13, 2013
08:55 EDTRHHBYBiosimiliar drug bill to be taken up in Senate, LA Times reports
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