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Name | Symbol | Market | Type |
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Sanofi | NASDAQ:SNY | NASDAQ | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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-1.36 | -2.70% | 49.00 | 48.50 | 49.79 | 49.61 | 48.58 | 49.50 | 2,973,970 | 21:00:10 |
By Nadya Masidlover
PARIS--French pharmaceutical company Sanofi SA (SNY) and Regeneron Pharmaceuticals Inc. (REGN) said they will seek U.S. regulatory approval for a new rheumatoid arthritis drug later this year.
The two companies said Thursday that the results from phase 3 studies of Sarilumab were positive in treating the symptoms of rheumatoid arthritis.
"Sarilumab is the first fully-human monoclonal antibody directed against the IL-6 receptor (IL-6R). Sarilumab binds with high affinity to the IL-6 receptor," the companies said.
They said that a request for U.S. regulatory approval will be put forward in the fourth quarter of 2015.
-Write to Nadya Masidlover at nadya.masidlover@wsj.com
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