Regeneron Reaches 20-Day High on Libtayo Approval
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 15 2025
0mins
Source: SeekingAlpha
Shares of Regeneron Pharmaceuticals (REGN.O) surged today, reaching a 20-day high following the European Commission's approval of Libtayo (cemiplimab) as an adjuvant treatment for high-risk cutaneous squamous cell carcinoma (CSCC). This significant regulatory milestone is expected to enhance the treatment landscape for patients at risk of disease recurrence after surgery and radiation. The approval, supported by promising Phase 3 trial results showing a 68% reduction in disease recurrence or death, reflects Regeneron's commitment to advancing innovative therapies. Investors are optimistic about the potential impact on the company's portfolio and market position, as Libtayo's expanded use may drive future growth.
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Analyst Views on REGN
Wall Street analysts forecast REGN stock price to rise
22 Analyst Rating
16 Buy
6 Hold
0 Sell
Moderate Buy
Current: 607.930
Low
637.00
Averages
808.50
High
1057
Current: 607.930
Low
637.00
Averages
808.50
High
1057
About REGN
Regeneron Pharmaceuticals, Inc. is a fully integrated biotechnology company. The Company invents, develops, manufactures, and commercializes medicines for people with serious diseases. Its products and product candidates in development are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, neurological diseases, hematologic conditions, infectious diseases, and rare diseases. The Company is accelerating drug development using its proprietary technologies, such as VelociSuite, which produces optimized fully human antibodies and new classes of bispecific antibodies. VelociSuite consists of VelocImmune, VelociGene, VelociMouse, VelociMab, Veloci-Bi, VelociT, VelociHum, and other related technologies. Its marketed products include EYLEA (aflibercept); Dupixent (dupilumab); Libtayo (cemiplimab); Ordspono (odronextamab); Kevzara (sarilumab); Itepekimab; Lynozyfic, and others.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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