The Chicago Entrepreneur

: Regeneron, Sanofi’s Dupixent is one step closer to approval for young children in Europe

Shares of Regeneron Pharmaceuticals Inc. REGN gained about 2.5% in premarket trading on Friday after the European Medicines Agency’s Committee for Medicinal Products for Human Use recommended approval of Dupixent, the atopic dermatitis therapy developed with Sanofi FR:SANSNY, for children as young as six months old. European regulators are expected to make a final decision in the coming months. Regeneron’s stock has gained 21.9% over the past year, while the broader S&P 500 SPX is down 6.6%.

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