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Biotech / Medical : Regeneron Pharmaceuticals
REGN 681.78+1.0%Nov 12 3:59 PM EST

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From: Miljenko Zuanic12/9/2019 8:23:17 PM
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Sanofi further to restructure, plan to START selling its interest (23M shares total) in REGN, starting by 12-2020, as lock-up expire (gradually).
sanofi.com
They want (they think that consumers) to re-focus on consumer OTC, Cialis and Tamiflu. See it as better chance to growth business. If that is they want, so be it.

In parales....for thousand years they (French) thought of themself as best wine producer in world. Now, California *punch* them any-time any-where they want. Progress is *magical* word (for them).

On separated nore, full 1979 presentation at ASH:
investor.regeneron.com
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