Surging US demand triggers new $2.9B purchase of Regeneron's Covid-19 antibodies
Regeneron has received a new $2.9 billion order for its Covid-19 antibody cocktail as demand for monoclonal antibodies surges in the US amid a spike in cases.
The US government is purchasing 1.4 million additional doses of REGEN-COV, a combination of casirivimab and imdevimab, at a price of $2,100 for each 1,200mg dose — bringing the total purchase to nearly 3 million doses.
This marks the third supply deal Regeneron has scored in the US.
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