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REGN Regeneron Pharmaceuticals Inc

1,094.99
12.88 (1.19%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Regeneron Pharmaceuticals Inc NASDAQ:REGN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  12.88 1.19% 1,094.99 1,056.35 1,100.00 1,100.08 1,079.0855 1,087.89 282,365 01:00:00

Regeneron Finalizes Praluent Agreement Restructuring

07/04/2020 12:42am

Dow Jones News


Regeneron Pharmaceuticals (NASDAQ:REGN)
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   By Stephen Nakrosis 
 

Regeneron Pharmaceuticals, Inc. on Monday said it finalized a restructuring of its Praluent agreements with Sanofi.

The company said the restructured agreements, which were effective April 1, call for Regeneron to have sole responsibility for Praluent and record net product sales in the U.S. Sanofi will have sole responsibility outside the U.S. and pay Regeneron a royalty on Praluent net product sales, the company said.

Praluent is indicated to reduce the risk of myocardial infarction, stroke, and unstable angina requiring hospitalization in adults with established cardiovascular disease, and also for the treatment of adults with primary hyperlipidemia to reduce low-density lipoprotein cholesterol, Regeneron said.

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

April 06, 2020 19:27 ET (23:27 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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