⭐ Start off 2025 with a powerful boost to your portfolio: January’s freshest AI-picked stocksUnlock stocks

U.S. FDA delays decision on Regeneron/Roche COVID antibody therapy

Published 04/14/2022, 07:16 AM
Updated 04/14/2022, 07:30 AM
© Reuters. FILE PHOTO: The Regeneron Pharmaceuticals company logo is seen on a building at the company's Westchester campus in Tarrytown, New York, U.S. September 17, 2020. REUTERS/Brendan McDermid
REGN
-

(Reuters) -The U.S. Food and Drug Administration has extended by three months its review of Regeneron Pharmaceuticals Inc (NASDAQ:REGN)'s application for the full approval of its COVID-19 antibody therapy, the U.S. drugmaker said on Thursday.

Before making its decision, the health agency wants to look at additional data submitted by Regeneron on using the antibody cocktail as a preventive treatment.

The FDA has not asked for any extra studies to complete its review and will now decide on the drug by July 13, Regeneron said.

Regeneron's "cocktail" of two monoclonal antibodies, casirivimab and imdevimab, had received an emergency use authorization in the United States in late 2020 to treat patients who were 12 years and older with mild-to-moderate COVID-19.

The therapy, called REGEN-COV, was later also authorized in the country for the prevention of COVID-19 in certain people exposed to an infected individual, or who were at high risk of such exposure.

© Reuters. FILE PHOTO: The Regeneron Pharmaceuticals company logo is seen on a building at the company's Westchester campus in Tarrytown, New York, U.S. September 17, 2020. REUTERS/Brendan McDermid

However, data showed that REGEN-COV and a rival monoclonal antibody drug from Eli Lilly (NYSE:LLY) were unlikely to be effective against the highly contagious Omicron coronavirus variant. That led the U.S. FDA to revise the emergency use authorizations for both therapies to limit their use.

Regeneron is collaborating with Roche, which is primarily responsible for the development and distribution of the treatment outside the United States.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2025 - Fusion Media Limited. All Rights Reserved.