Regenerating Regeneron Pharmaceuticals, Inc.
Published: Jul 03, 2007
We think investors should take a look at Regeneron, given the steady progress over the last few years on its cytokine trap technology platform. Currently, it is estimated 2007 U.S. Avastin sales will be $2.3 billion and Lucentis sales more than $800 million. Even though VEGF-Trap could come much later to market as a VEGF blocker in oncology and AMD, there is room for Regeneron to take market share if competitive features are demonstrated. Regeneron’s shares have been weak lately, but we think it’s an opportunity for investors. To learn more about Regeneron, take at look at last month’s and our current issue of Wong’s BioTech Stock Report.
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