Regeneron (REGN), Sanofi (SNY) Report Plans to Restructure Antibody Collaboration for Kevzara (sarilumab) and Praluent (alirocumab)

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After-Hours Movers 12/09: (ASNA) (SFIX) (MDB) Higher; (SCYX) (LVGO) (REGN) Lower (more...)

December 9, 2019 5:30 PM EST

Today's After-Hours Movers

Ascena Retail Group (NASDAQ: ASNA) 27% HIGHER; reported Q1 EPS of $0.18, versus ($0.09) reported last year. Revenue for the quarter came in at $1.3 million, versus $1.34 million reported last year.

SCYNEXIS, Inc. (NASDAQ : SCYX) 18.6% LOWER; commenced an underwritten public offering of shares of its common stock and warrants. In addition, SCYNEXIS expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of common stock and warrants being offered on the same... More

Sanofi (SNY) to Stop Research in Diabetes, Cardiovascular Diseases, May Sell Regeneron (REGN) Stake - Reports

December 9, 2019 4:37 PM EST

Sanofi (NASDAQ: SNY) to Stop Research in Diabetes, Cardiovascular Diseases, May Sell Regeneron (NASDAQ: REGN) Stake - Reports

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Regeneron Pharma's (REGN) '5458 Efficacy is Early but Interesting, Credit Suisse Reiterates Neutral

December 9, 2019 7:13 AM EST

Credit Suisse analyst Evan Seigerman reiterated a Neutral rating on Regeneron Pharma (NASDAQ: REGN) but sees interesting drug activity with REGN5458 in Multiple Myeloma after attending the American Society of Hematology Meeting (ASH).

The analyst appears to be warming to the story stating "It is difficult for us to pick a winner (or winners), given varying maturities of data and... More

Regeneron (REGN) First Clinical Data for REGN5458 (BCMAxCD3) Show Positive Preliminary Results in Multiple Myeloma

December 9, 2019 6:20 AM EST

Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced initial clinical data for REGN5458, a BCMAxCD3 bispecific antibody, in patients with relapsed or refractory (R/R) multiple myeloma. BCMA (B-cell maturation antigen) is a protein that is typically over-expressed on multiple myeloma cells. REGN5458 is designed to bind to BCMA on multiple myeloma cells and the CD3 receptor on T-cells, bridging them together and activating T-cell killing... More