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regeneron pharmaceuticals receives buy rating as it expands drug portfolio
Regeneron Pharmaceuticals, Inc. has received a buy rating from UBS, highlighting its focus on developing treatments for eye diseases, inflammatory conditions, and cancer. The company's net sales are primarily derived from product sales (56.6%) and collaboration agreements (40.4%), with significant partnerships with Sanofi, Bayer, and Roche. As of the end of 2022, Regeneron boasts a clinical development portfolio of approximately 35 products.
Regeneron Pharmaceuticals receives buy rating amid strong sales and collaborations
Regeneron Pharmaceuticals, Inc. has received a buy rating from UBS, highlighting its focus on developing treatments for eye diseases, inflammatory conditions, and cancer. The company's net sales are primarily derived from product sales (56.6%) and collaboration agreements (40.4%), with significant partnerships with Sanofi, Bayer, and Roche. As of the end of 2022, Regeneron boasts a clinical development portfolio of approximately 35 products.
diabetic retinopathy market poised for significant growth driven by rising diabetes cases
The global diabetic retinopathy devices market, valued at USD 12.47 billion in 2022, is projected to grow at a robust CAGR of around 30% through 2030, driven by rising diabetes cases and an aging population. Non-proliferative diabetic retinopathy is expected to dominate, while North America will lead regionally, with significant contributions from the APAC region due to its large diabetic population. Key players include F. Hoffmann-La Roche, Novartis, and Regeneron, focusing on innovative treatments and technologies.
Sanofi invests 300 million euros in joint venture for radiopharmaceuticals
Sanofi is investing 300 million euros for a 16% stake in a new joint venture with Orano Med to develop radiopharmaceuticals targeting rare cancers, particularly using the radioisotope lead-212. This partnership aims to leverage expertise in biopharma and nuclear technology to advance cancer treatment. The joint venture is valued at 1.9 billion euros, following Sanofi's recent licensing of an experimental drug for neuroendocrine tumors.
global telemedicine market projected to exceed 14 billion by 2030
The global telemedicine market is projected to exceed USD 14 billion by 2030, driven by the rising demand for regular health check-ups and the active participation of key industry players in innovation and partnerships. North America is expected to lead the market, with telemonitoring services showing significant revenue growth. Notable companies like Teladoc Health and Rudolf Riester GmbH are advancing the sector with new solutions, including AI-supported telemedicine tools and mobile clinics for remote areas.
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