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Stock impact report

Regeneron Finalizes Praluent® (alirocumab) Restructuring and Updates Accounting Presentation

Regeneron Pharmaceuticals, Inc. (REGN) 
Last regeneron pharmaceuticals, inc. earnings: 2/6 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: investor.regeneron.com
Company Research Source: PR Newswire
TARRYTOWN, N.Y., April 6, 2020 /PRNewswire/ --Company to Report First Quarter 2020 Results and Host Conference Call and Webcast on May 5, 2020 Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced that the Company has finalized the planned Praluent® (alirocumab) restructuring with Sanofi. Regeneron also announced important changes to its accounting presentation effective January 1, 2020.The new Praluent agreements, effective April 1, 2020, simplify the antibody collaboration between the companies, increasing efficiency and streamlining operations. In the U.S., Regeneron will have sole responsibility for Praluent and record net product sales. Sanofi will have sole responsibility outside the U.S. and pay Regeneron a royalty on Praluent net product sales. Changes in Accounting PresentationEffective January 1, 2020, Regeneron has implemented changes in the presentation of its consolidated financial statements related to certain reimbursements and other payments for products devel Show less Read more
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