Regeneron's COVID-19 antibody cocktail reduces virus levels and medical visits
Regeneron Pharmaceuticals’ (Nasdaq: REGN) shares edged up 2.3% to $580.00 pre-market after the US biotech announced positive, prospective results from an ongoing Phase II/III seamless trial in the COVID-19 outpatient setting showing its investigational antibody cocktail, REGN-COV2, met the primary and key secondary endpoints.
REGN-COV2, which US President Donald Trump credited for his recovery from a COVID-19 infection, significantly reduced viral load and patient medical visits (hospitalizations, emergency room, urgent care visits and/or physician office/telemedicine visits), the company noted.
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