French pharma major Sanofi (Euronext: SAN) and US partner Regeneron Pharmaceuticals (Nasdaq: REGN) announced late Tuesday that the European Commission (EC) has approved a new indication for Dupixent (dupilumab) in asthma.
Sanofi’s shares were down 0.63% at 75.75 euros in late morning trading in Paris today, while Regeneron closed down 6.34% at $322.40 on Tuesday.
Dupixent is now approved in the European Union for use in adults and adolescents 12 years and older as an add-on maintenance treatment for severe asthma with type 2 inflammation characterized by raised blood eosinophils and/or raised fractional exhaled nitric oxide (FeNO), who are inadequately controlled with high dose inhaled corticosteroid (ICS) plus another medicinal product for maintenance treatment.
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