Summary
Regeneron Pharmaceuticals, Inc. (REGN) filed an 8-K on February 13, 2012, primarily to disclose information regarding the commercial performance and safety profile of its drug EYLEA® (aflibercept) Injection. The company provided an update on financial and operating results for the quarter and year ended December 31, 2011, though specific details from these results are not within this 8-K itself but rather in an attached press release. The more significant piece of information for investors in this filing pertains to adverse events related to EYLEA, which was launched in November 2011.
Key Highlights
- 1Regeneron announced financial and operating results for the quarter and year ended December 31, 2011, via an attached press release (Exhibit 99.1).
- 2The company provided an update on adverse events reported for EYLEA® (aflibercept) Injection to the FDA.
- 3Approximately 30,000 EYLEA injections had been administered in the U.S. since its commercial launch in November 2011.
- 4A rate of approximately 0.05% per injection was reported for sterile intraocular inflammation.
- 5This rate was largely influenced by a cluster of events at a single practice; excluding this, the rate was approximately 0.01% per injection.
- 6Regeneron concluded that the incidence of these adverse events is within the expected range for intravitreal injections and clinical development, and factors other than the drug product are likely responsible.
- 7The full letter to the FDA regarding these adverse events is furnished as Exhibit 99.2.