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The company is also developing monoclonal antibodies with Sanofi (NASDAQ:SNY) in immunology and cancer. REGN is also developing bispecific antibodies and antibody cocktails with other collaborators and independently. However, its key growth driver is Eylea, which continues to generate strong revenues from continued label expansions.
Eylea is approved in the United States, EU, Japan, and other countries to treat neovascular age-related macular degeneration, diabetic macular edema, and macular edema. Demographic trends are driving growth in the U.S., including an aging population and an increase in the prevalence of diabetes.
