Strong 4th-qtr and full year financials from Regeneron

4 February 2025

Regeneron Pharmaceuticals (Nasdaq: REGN) today announced financial results for the fourth quarter and full year 2024 and provided a business update, following which the US biotech’s shares rose 3.2% to $687.96.

Fourth quarter 2024 revenues increased 10% to $3.79 billion versus fourth quarter 2023, exceeding Wall Street forecasts of $3.74 billion.

Full year 2024 revenues increased 8% to $14.20 billion versus 2023; excluding Covid antibody treatment Ronapreve (casirivimab and imdevimab) revenues increased 10%.

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