Partners top up investments into cemiplimab and dupilumab
French pharma major Sanofi (Euronext: SAN) and US biotech Regeneron (Nasdaq: REGN) are going all guns blazing at their development programs for the PD-1 antibody cemiplimab and the Type 2 allergic diseases drug dupilumab.
The companies have announced the acceleration and expansion of their investment into the two breakthrough therapies.
The investment in cemiplimab will be raised to $1.64 billion, an increase of approximately $1 billion over the initial 2015 agreement. Sanofi and Regeneron will continue to equally fund this drug’s development and continue their investment in other immuno-oncology programs under their existing discovery agreement.
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