Regeneron (REGN) and Sanofi Announce Dupixent Approval in Japan to Treat Bullous Pemphigoid

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Regeneron and Sanofi announced that Japan’s Ministry of Health, Labour and Welfare approved Dupixent for the treatment of adults with moderate-to-severe bullous pemphigoid, based on data from the LIBERTY-BP-ADEPT Phase 2/3 trial. This approval follows recent analyst updates, with Wells Fargo raising Regeneron’s price target to $825, citing potential growth in the generalized Myasthenia Gravis market, and Barclays initiating coverage with an Overweight rating and a $923 price target, highlighting Dupixent’s profits and pipeline opportunities.

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