-
[8] In October 2017, Regeneron made a deal with the Biomedical Advanced Research and Development Authority (BARDA) that the U.S. government would fund 80% of the costs for
Regeneron to develop and manufacture antibody-based medications, which subsequently, in 2020, included their COVID-19 treatments, and Regeneron would retain the right to set prices and control production. -
[12] Experimental treatment for COVID-19 On February 4, 2020, the U.S. Department of Health and Human Services, which already worked with Regeneron, announced that Regeneron
would pursue monoclonal antibodies to fight COVID-19. -
[citation needed] On March 26, 2012, Bloomberg announced that Sanofi and Regeneron were in development of a new drug that would help reduce cholesterol up to 72% more than
its competitors. -
[20] His doctors obtained it from Regeneron via a compassionate use request (as clinical trials had not yet been completed and the drug had not yet been approved by the US
Food and Drug Administration (FDA)). -
[10][11] In April 2022, the business announced it would acquire Checkmate Pharmaceuticals for around $250 million, enhancing its number of immuno-oncology drugs.
-
[citation needed] • Eylea (aflibercept injection) was approved by the U.S. Food and Drug Administration (FDA) in November 2011[2][25] to treat a common cause of blindness
in the elderly. -
[17] Regeneron similarly said in its own news release that same day that “the government has committed to making doses from these lots available to the American people at
no cost and would be responsible for their distribution,” noting that this depended on the government granting emergency use authorization or product approval. -
The new drug would target the PCSK9 gene.
-
[4] In July 2015, the company announced a new global collaboration with Sanofi to discover, develop, and commercialize new immuno-oncology drugs, which could generate more
than $2 billion for Regeneron,[5] with $640 million upfront, $750 million for proof-of-concept data, and $650 million from the development of REGN2810. -
“By funding this manufacturing effort, the federal government will own the doses expected to result from the demonstration project,” the government said in its July 7 news
release. -
[13] In July 2020, under Operation Warp Speed, Regeneron was awarded a $450 million government contract to manufacture and supply its experimental treatment REGN-COV2, an
artificial “antibody cocktail” which was then undergoing clinical trials for its potential both to treat people with COVID-19 and to prevent SARS-CoV-2 coronavirus infection. -
It was approved by the FDA in March 2017[29] and is reported to cost $37,000 per year.
-
[citation needed] Fully Human Monoclonal Antibodies: Regeneron has developed a suite (VelociSuite) of patented technologies, including VelocImmune and VelociMab, that allow
Regeneron scientists to determine the best targets for therapeutic intervention and rapidly generate high-quality, fully human antibodies drug candidates addressing these targets. -
Approved by the FDA in July 2015,[27] It is reported to cost $4,500 to $8,000 per year.
-
In October 2020, the U.S. Food and Drug Administration (FDA) approved it with an indication for the treatment of infection caused by Zaire ebolavirus.
-
[8] Such deals are not unusual for routine drug development in the American pharmaceutical market.
Works Cited
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Photo credit: https://www.flickr.com/photos/clairity/3179751458/’]