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Stock impact report

JPM26: Regeneron will not overpay in M&A deals amid lead asset patent expiries [Yahoo! Finance]

Novo Nordisk A/S (NVO) 
Last novo nordisk a/s earnings: 2/5 01:31 am Check Earnings Report
US:NYSE Investor Relations: novonordisk.com/investors.html
Company Research Source: Yahoo! Finance
its internal R&D capacity to develop next-generation assets and expand into new indications. Speaking at the J.P. Morgan Healthcare conference in San Francisco, held from 12 to 15 January, Regeneron CEO Leonard Schleifer said that the company expects to invest $6bn in R&D in 2026, highlighting its strategy to prioritise internal research capabilities. While industry conversations have largely centred around acquisition to combat looming patent cliffs for many companies, Schleifer said large M&A deals often result in “value destruction.” He said that companies can often become “overly reliant” on external sources and are “in most cases, dramatically overpaying.” Despite the volume of deals being down in 2025, average value was up , suggesting that there is currently a premium in M&A pricing. Regeneron will be looking to continue the transition of its Eylea (aflibercept) patient base to the high dose version of the drug, branded Eylea HD, amid an emergence of biosimilars in the Show less Read more
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