Adverum Biotechnologies a new buy at H.C. Wainwright on wet AMD gene therapy [Seeking Alpha]
Regeneron Pharmaceuticals, Inc. (REGN)
Last regeneron pharmaceuticals, inc. earnings: 2/6 06:30 am
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Source: Seeking Alpha
soroparvovec (lxo-vec), could become an alternative to the current standard of care, anti-vascular endothelial growth factor (anti-VEGF) injections. The firm has a $30 price target (~209% upside based on Tuesday's close). Analyst Matthew Caufield noted that wet AMD has a prevalence of ~1.5M patients in the U.S. with ~200,000 new cases annually. While these patients rely on anti-VEGF for treatment currently, they have to be given as often as every four to eight weeks, leading to chronic treatment burden and non-compliance. An interim analysis of 26-week phase 2 data found that patients given either dose of lxo-vec saw 90% and 94%, respectively, reductions in annualized anti-VEGF injections. Also, a phase 1 trial showed that one lxo-vec treatment led to aflibercept protein expression maintained through three years. "Ixo-vec utilizes a propriety vector capsid, AAV.7m8, carrying an aflibercept coding sequence under the control of a proprietary expression cassette," according to
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News
- INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Regeneron Pharmaceuticals, Inc. and Encourages Investors with Losses to Contact the FirmAccesswire
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- Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) is now covered by analysts at Evercore ISI. They set an "outperform" rating and a $1,150.00 price target on the stock.MarketBeat
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REGN
Earnings
- 5/2/24 - Beat
REGN
Sec Filings
- 5/14/24 - Form 144
- 5/6/24 - Form 4
- 5/3/24 - Form 4
- REGN's page on the SEC website