Regeneron Sees $83 Million Charge Hurting 3Q Results

Dow Jones
Oct 06
 

By Connor Hart

 

Regeneron Pharmaceuticals expects to record an acquired in-process research-and-development charge of approximately $83 million in the third quarter.

The pre-tax charge stems from an $80 million up-front payment made to Hansoh Pharmaceuticals Group under the companies' previously disclosed licensing agreement, according to a Monday filing with the Securities and Exchange Commission.

Regeneron in June signed a licensing agreement with Hansoh, paying the company to develop and sell its weight loss therapy outside of China.

The pharmaceutical company said Monday the charge is expected to ding earnings and adjusted earnings each by about 68 cents a share during the third quarter. The company noted that it hasn't yet finalized its third-quarter results, which are expected to be released before the opening bell on Oct. 28.

 

Write to Connor Hart at connor.hart@wsj.com

 

(END) Dow Jones Newswires

October 06, 2025 07:59 ET (11:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10