Regeneron reworks Praluent agreements with Sanofi [Seeking Alpha]
Sanofi - American Depositary Shares (SNY)
US:NYSE Investor Relations:
sanofi.com/en/investors
Company Research
Source: Seeking Alpha
HealthcareRegeneron reworks Praluent agreements with SanofiApr. 6, 2020 5:16 PM ET|Regeneron Pharmaceutic... (REGN)Douglas W. HouseRegeneron Pharmaceuticals (NASDAQ:announcesSNYIt will have sole responsibility in the U.S. while Sanofi will have sole responsibility ex-U.S. and will pay REGN a royalty on net sales of the PCSK9 inhibitor.Also, effective January 1, REGN will no longer record reimbursements from collaborators for R&D and SG&A expenses as revenue. Instead, the monies will be netted against the respective expenses. Q1 revenue and operating expenses will be ~$300M lower than under the previous accounting treatment.Management will release Q1 results on Tuesday, May 5, before the open.Click to subscribe to real-time analytics on REGNNow read:GlaxoSmithKline's Nucala Success, And Other News: The Good, Bad And Ugly Of Biopharma »
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Sec Filings
- 12/3/25 - Form 6-K
- 11/18/25 - Form 6-K
- 11/14/25 - Form SCHEDULE
- SNY's page on the SEC website