Regeneron Maintains Its Momentum During Pandemic

 
• By Jessica Merrill
  
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The company reported strong 33% revenue growth in Q1, despite softer Eylea sales from postponed treatments, progressed in oncology, and is moving an antibody cocktail for COVID-19 into clinical testing.

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Regeneron reported a solid first quarter • Source: Shutterstock

Regeneron Pharmaceuticals Inc. had strong revenue growth and made pipeline progress in the first quarter despite some headwinds caused by the COVID-19 pandemic. The big biotech reported Q1 revenue growth of 33% to $1.83bn on 5 May, even as its top-selling drug Eylea (aflibercept) faced some pressure late in the quarter from stay-at-home orders that resulted in some patients sitting out eye disease treatment.

The company also met some important clinical trial milestones on its budding oncology portfolio recently, including a positive Phase III...

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