Regeneron (REGN) Shares Swing as FDA Panel Votes Against Safety of Arcalyst

May 8, 2012 3:23 PM EDT
Regeneron Pharma (Nasdaq: REGN) shares have been volatile over the last few minutes as an FDA panel just voted against the safety of the company's Arcalyst for the treatment of gout. Despite a sharp spike lower, Regeneron shares are now mostly unchanged from where the stock was trading prior to the FDA panel headlines.

The stock is down about 11 cents to $130.18.


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