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Barchart

Wajeeh Khan

UNCOVERED: An 8 billion reason why regeneron stock is in focus - The Untold Story

Regeneron REGN Sanofi Regeneron Pharmaceuticals Barchart

Regeneron Pharmaceuticals (REGN) stock is in focus after the company announced an expanded global alliance with long-term partner Sanofi (SNY). REGN said it will receive $1 billion in upfront cash and stands to earn up to $7 billion in milestone payments, driving the total potential value of the expanded contract to about $8 billion.

At the time of writing, Regeneron stock is down about 13% versus its recent high.

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