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Finally A FIBCO, Regeneron Sets Its Sights On Eylea And Beyond

The better-than-expected performance of Regeneron’s first significant commercial drug, Eylea, has fueled the company’s ambitions to build a sustainable, risk-adjusted portfolio based on a mix of best-in-class and first-in-class new drugs. Getting to this point took a mixture of perseverance, astute science, opportunism, and savvy partnering.

Its February 13 call with analysts was a first for Regeneron Pharmaceuticals Inc., the 22-year-old Tarrytown, NY-based biotech that just launched its first major drug. Sales of the drug, Eylea (aflibercept), totaled $24.8 million in the first six weeks on the market; thus, the company would be doubling its 2012 guidance for the drug from $140 million to $160 million to $250 million to $300 million in revenues, co-founder and CEO Leonard Schleifer, MD, PhD, announced.

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