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March 4, 2013
09:04 EDTREGNRegeneron announces potential additional royalty stream related to EU approval
Regeneron announced that it will receive an additional potential royalty stream now that the European Commission has approved Novartis' llaris in the treatment of patients with acute gouty arthritis who suffer frequent attacks, and whose symptoms cannot or should not be managed with current treatment options. Ilaris is the first biologic approved in the European Union for symptomatic pain relief in a gouty arthritis indication, and is administered in a single, subcutaneous injection of 150 mg. Under a June 2009 agreement with Novartis, Regeneron receives royalties on worldwide sales of Ilaris. The overall royalty rate in the agreement starts at 4% and reaches 15% when annual sales exceed $1.5 billion. In 2012, Regeneron reported full year Ilaris royalties of $2.8 million.
News For REGN From The Last 14 Days
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November 21, 2014
07:51 EDTREGNBofA/Merrill biotech analysts hold analyst/industry conference call
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07:31 EDTREGNRegeneron price target raised to $462 from $418 at BofA/Merrill
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November 20, 2014
07:47 EDTREGNRegeneron price target raised to $450 from $390 at Brean Capital
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05:22 EDTREGNRegeneron, Sanofi receive FDA Breakthrough Therapy designation in AD
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November 19, 2014
08:17 EDTREGNRegeneron, Sanofi report new data from six alirocumab trials
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November 18, 2014
05:43 EDTREGNRegeneron announces EYLEA injection approved for DME treatment in Japan
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November 12, 2014
08:13 EDTREGNBoston Biotech to hold a conference
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