
US biotech firm Regeneron Pharmaceuticals (Nasdaq: REGN) and partner Germany’s Bayer (BAYN: DE) have released positive results from the Phase III VISTA-DME trial of Eylea (aflibercept) injection for the treatment of diabetic macular edema (DME).
Eylea, which was approved in the USA for the treatment of neovascular (wet) age-related macular degeneration (AMD) in November 2011 and for macular edema following central retinal vein occlusion (CRVO) in September 2012, generated sales of $1.01 billion for Regeneron in the first nine months of 2103 and the company projected that, for the full year, revenues would come in at between $1.35 billion and $1.375 billion (The Pharma Letter November 6, 2013). Bayer has rights to the product outside the USA.
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