Regeneron terms Covid-19 antibody therapy data ‘encouraging’

3 min read | December 30, 2020 03:47 PM GMT | By Kunal Sawhney

Regeneron Pharmaceuticals Inc (NASDAQ:REGN), the New York-headquartered biotechnology firm, has said that the company has garnered “encouraging data” from the Phase 1/2/3 clinical trials of the Regeneron Covid-19 antibody cocktail. The trials of the antibody therapy, casirivimab and imdevimab, were conducted on hospitalised coronavirus patients requiring low-flow of oxygen. Regeneron has claimed the antibody cocktail as the first therapy that has demonstrated “anti-viral effect” in hospitalised Covid-19 patients.

The oxygen level of the patients who were administered with the antibody cocktail was saturated above 93 per cent via nasal cannula, a simple face mask or a similar device. Randomisation technique was incorporated for selecting the patients who will receive the antibody cocktail, out of which 74 per cent received systemic corticosteroids, while 67 per cent received remdesivir.

(Image source: ©Kalkine Group 2020)

Encouraging data

The analysis conducted by Regeneron has been especially designed for the coronavirus patients who had not yet mounted their respective immune response to SARS-CoV-2, the company said. The initial analysis has been done with a primary clinical objective to adjudge the sufficient efficacy in the coronavirus patients that can permit the continuation of the trial.

The requirement of mechanical ventilation or the risk of death reduced by nearly half following the antibody cocktail administration with the benefit of the therapy being recognised after one week of the treatment.

According to Regeneron, two antibody cocktails that were administered to the hospitalised Covid-19 patients were “well-tolerated” with the incidence of serious adverse events surfacing at 21 per cent, 20 per cent and 24 per cent for high dose, 20 per cent for low dose and 24 per cent for placebo.

Antibody usage

The United States Food and Drug Administration (FDA) has already granted an emergency use authorisation (EUA) for Regeneron antibody cocktail in November. The EUA has been granted to be administered in high-risk patients with confirmed Covid-19 cases that were not hospitalised. The safety and efficacy of the antibody therapy has been evaluated in multiple clinical trials.

The Regeneron antibody cocktail is presently being probed for the treatment of non-hospitalised patients in the Phase 3 clinical trials. Regeneron is underway to produce nearly 300,000 doses (2,400 mg) of the antibody under an agreement with the United States government for the outpatient use under the EUA. As per Regeneron, the company is in deliberations with the US government with regards to additional doses as the firm is on schedule to manufacture these doses in January 2021.

Regeneron shares

Regeneron Pharmaceuticals Inc share price didn’t react sharply to the development so far. The company has notified the encouraging data in Covid-19 antibody development on 29 December.

According to the latest trading data available with the Nasdaq, the stock of Regeneron ended marginally higher at $484.22, up 0.26 per cent on 29 December. At around 1000 (GMT - 5), Regeneron shares were trading at $485.07, up 0.18 per cent.

Regeneron Pharmaceuticals Inc (30 December)

(Source: EODHD/Others, Thomson Reuters)


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Limited, Company No. 12643132 (Kalkine Media, we or us) and is available for personal and non-commercial use only. Kalkine Media is an appointed representative of Kalkine Limited, who is authorized and regulated by the FCA (FRN: 579414). The non-personalised advice given by Kalkine Media through its Content does not in any way endorse or recommend individuals, investment products or services suitable for your personal financial situation. You should discuss your portfolios and the risk tolerance level appropriate for your personal financial situation, with a qualified financial planner and/or adviser. No liability is accepted by Kalkine Media or Kalkine Limited and/or any of its employees/officers, for any investment loss, or any other loss or detriment experienced by you for any investment decision, whether consequent to, or in any way related to this Content, the provision of which is a regulated activity. Kalkine Media does not intend to exclude any liability which is not permitted to be excluded under applicable law or regulation. Some of the Content on this website may be sponsored/non-sponsored, as applicable. However, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music/video that may be used in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music or video used in the Content unless stated otherwise. The images/music/video that may be used in the Content are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated or was found to be necessary.


Sponsored Articles


Investing Ideas

Previous Next