Sanofi SA and Regeneron Pharmaceuticals Inc said on Monday that they will slash the U.S. list price of their potent but expensive cholesterol fighter Praluent by 60 percent, as the drugmakers follow a similar move by rival Amgen Inc in hopes of increasing use of the drug.

BING NEWS:
  • Regeneron: Dissecting The First Quarter Results And Regulatory Setbacks
    Regeneron faces setbacks in Q1 with missed estimates and FDA letters for odronextamab, but potential growth drivers offer hope for the future. Read more here.
    05/6/2024 - 2:50 am | View Link
  • Regeneron records mixed results for Q1 as Eylea revenues fall
    Total revenues dipped by 1% from the first quarter of 2023, to $3.2 billion. The number aligned with expectations that the company would bring in $3.2 billion for the quarter, according to a note ...
    05/2/2024 - 10:33 pm | View Link
  • Blockbuster weight-loss drug Wegovy's sales just doubled — and could heat up even more with a price cut
    Sales of Wegovy more than doubled in the first quarter year on year to $1.3 billion.
    05/2/2024 - 6:32 pm | View Link
  • Novo Nordisk trims price for blockbuster obesity drug as competition heats up
    Novo Nordisk raised its 2024 outlook on Thursday as the Danish drugmaker races to boost output of its Wegovy weight-loss treatment, while competition from rival Eli Lilly forced the company to cut ...
    05/2/2024 - 12:02 pm | View Link
  • Regeneron's blockbuster eye drug posts weaker sales due to inventory impact
    U.S. drugmaker Regeneron Pharmaceuticals Inc missed Wall Street estimates for first-quarter profit on Thursday due to softer sales of its blockbuster eye drug Eylea and its eczema treatment, Dupixent.
    05/2/2024 - 7:02 am | View Link
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