Regeneron Pharma (REGN) PT Raised to $830 at RBC Capital
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Regeneron (REGN) gets its 'mojo back' after FDA approves Eylea HD
August 21, 2023 8:02 AM EDTShares of Regeneron (NASDAQ: REGN) gained over 1% in pre-open trading Monday after the FDA on Friday approved EYLEA HD Injection 8 mg for the treatment of patients with wet age-related macular degeneration, diabetic macular edema, and diabetic retinopathy. The approval process for EYLEA HD had been awaiting resolution since the unexpected Complete Response Letter (CRL) issued by the FDA in late June and prompted several Wall Street analysts to raise their price targets.
Following the approval, individuals diagnosed with wet age-related macular degeneration or diabetic retinal disease can now undergo fewer injections after their initial... More
