US biotech Regeneron Pharmaceuticals (Nasdaq: REGN) has presented additional positive results from a Phase III trial of Regen-Cov (casirivimab/imdevimab), its COVID-19 antibody cocktail.
The results are a timely reminder of the drug’s effectiveness after Regeneron shares were damaged by recently-announced impressive results on Merck & Co (NYSE: MRK) and Pfizer (NYSE: PFE) antiviral therapies in COVID-19 that will rival Regen-Cov.
Regeneron’s results are from a trial jointly run with the National Institute of Allergy and Infectious Diseases, which assessed use of a single dose of investigational Regen-Cov (1,200mg administered via four subcutaneous injections) to prevent COVID-19 in uninfected individuals.
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