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Sanofi, Regeneron Win U.S. Approval for Cancer Medicine

August 3, 2012

Regeneron Pharmaceuticals Inc. (REGN) (REGN)

Sanofi (SAN) and won U.S. clearance for Zaltrap as a treatment for patients with advanced colorectal cancer who haven’t been helped by previous therapy.

The Food and Drug Administration approved the drug for use in combination with chemotherapy as a so-called second-line treatment for patients whose colorectal cancer has spread to other parts of the body, the agency said today in a statement. Regeneron also sells the medicine, known by the scientific name aflibercept, under the name Eylea to treat wet age-related macular degeneration, a condition that causes vision loss.

Read the full story: http://tinyurl.com/cu3d22j

Source: Bloomberg Businessweek