U.S. COMPANY FILING
REGENERON PHARMACEUTICALS, INC. — Form 10-K filed 2026-02-04
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Regeneron reported 2025 revenue of $14.34B, net income of $4.50B, and diluted EPS of $41.48. EYLEA U.S. sales declined 42% due to biosimilar competition, while Dupixent collaboration revenue grew to 41% of total revenue. Risks include biosimilar competition, FDA CRLs, and litigation with Sanofi.
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