5/22/2013 9:00:02 AM
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When the US biotech company Regeneron Pharmaceuticals recently announced its first-quarter results, few were surprised that the company’s flagship wet age-related macular degeneration (AMD) product Eylea had once again exceeded consensus expectations. With three-monthly sales of $314 million, management reiterated that full-year revenues for 2013 are expected to hit $1.3 billion.
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