Regeneron (REGN) Moves Higher on Strong EYLEA FY12 Sales Outlook, Q4 Numbers

February 13, 2012 9:53 AM EST
Regeneron Pharma (Nasdaq: REGN) shares are strongly higher Monday following its fourth-quarter report, but more importantly its outlook.

Regeneron said it now sees fiscal 2012 EYLEA sales in the US of $250 million to $300 million.

Otherwise, fourth-quarter adjusted loss came in at 27 cents per share, beating expectations calling for loss of 60 cents per share.

Shares are up about 12 percent early Monday morning.


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