Regeneron Reports Second Quarter 2016 Financial and Operating Results
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Regeneron Pharma (REGN) PT Trimmed to $511 at Leerink Partners
August 5, 2016 8:03 AM EDTLeerink Partners analyst Geoffrey Porges trims its price target on Regeneron Pharma (NASDAQ: REGN) to $511.00 (from $530.00) but maintains an Outperform rating amid solid Q2 results.
Porges commented, "Regeneron announced solid 2Q16 results, with Eylea beating by 2% in the US and 5% overall; total... More
Roth Keeps Regeneron (REGN) at 'Buy' Following Q2 Report; Says 'Blocking and Tackling' Continues
August 4, 2016 2:55 PM EDTRoth Capital affirms Regeneron (Nasdaq: REGN) with a Buy rating and $520 price target following Q2 results and updated guidance, as reported... More
Regeneron (REGN) Tops Q2 EPS by 17c; Updates FY16 Expectations
August 4, 2016 6:32 AM EDTRegeneron (NASDAQ: REGN) reported Q2 EPS of $2.82, $0.17 better than the analyst estimate of $2.65. Revenue for the quarter came in at $1.21 billion versus the consensus estimate of $1.24 billion.
Marketed Product Update
EYLEA® (aflibercept) Injection for Intravitreal Injection
In the second quarter of 2016, net sales of EYLEA in the United States increased 27% to $831 million from $655 million in the second quarter of 2015. Overall distributor inventory levels remained within the Company's one- to two-week targeted range.Bayer commercializes EYLEA outside the United States. In the... More