Regeneron Acquires 2 Ophthalmological Antibody Programs from Sanofi

Regeneron, a Tarrytown, N.Y.-based biopharmaceuticals company, has announced it has acquired the rights for two ophthalmological antibody programs from its collaborator Sanofi, Chattanooga, Tenn.-based pharmaceutical company.

The acquired antibody programs, which are in the preclinical process, target platelet derived growth factor and angiopoietin2, respectively.

Regeneron will pay Sanofi $20 million upfront for the two programs and up to $45 million for sales royalties and development milestone payments.

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