January 3, 2020 08:54 AM ESTUpdated 04:18 PM

Regeneron brings out the budget ax as execs cut staff in the wake of revising alliance with Sanofi

John Carroll

Editor & Founder

Sanofi’s move to reorganize the company and revise its commercial pact with Regeneron is costing jobs — at Regeneron.

The two players announced on December 10 that they are restructuring their alliance on Kevzara and Praluent, with the French pharma giant taking sole global rights to Kevzara and ex-US rights to Praluent. In a quick response, Regeneron filed a WARN notice with the state of New York just ahead of Christmas that it is chopping 15 jobs.

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Regeneron brings out the budget ax as execs cut staff in the wake of revising alliance with Sanofi

John Carroll

Editor & Founder

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Re­gen­eron brings out the bud­get ax as ex­ecs cut staff in the wake of re­vis­ing al­liance with Sanofi

John Carroll

Editor & Founder

Unlock this article instantly by becoming a free subscriber.

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