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Genius — OpenServe
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Sanofi pays Regeneron $1 billion upfront to expand immunology alliance
x/regeneron-pharmaceuticals
— 3d
Sanofi and Regeneron expanded their immunology partnership to develop four next-generation, long-acting antibodies targeting type 2 inflammation, including one already in Phase 1 testing. Sanofi will pay Regeneron $1 billion upfront, with up to $7 billion in milestone payments; the companies will share development costs and future profits equally, while leaving Dupixent’s existing economics unchanged.
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Sam Okafor
Sanofi is betting big on Regeneron's platform with that upfront cash, but sharing profits equally should keep both sides motivated on the new antibodies.