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Submission: On September 25 via api from BE — Scanned from US
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Investing.com - Financial Markets Worldwide Open in App POPULAR SEARCHES PLEASE TRY ANOTHER SEARCH Subscribe Now * Sign In * Free Sign Up * English (USA) * English (UK) * English (India) * English (Canada) * English (Australia) * English (Philippines) * English (Nigeria) * Deutsch * Español (España) * Español (México) * Français * Italiano * Nederlands * Português (Portugal) * Polski * Português (Brasil) * Русский * Türkçe * العربية * Ελληνικά * Svenska * Suomi * עברית * 日本語 * 한국어 * 简体中文 * 繁體中文 * Bahasa Indonesia * Bahasa Melayu * ไทย * Tiếng Việt * हिंदी Subscribe Now * Sign In * Free Sign Up * Markets * Forex * Forex Majors * Single Currency Crosses * Live Currency Cross Rates * Exchange Rates Table * Forward Rates * FX Futures * FX Options * USD/ZAR * EUR/USD * GBP/USD * USD/JPY * AUD/USD * GBP/ZAR * EUR/ZAR * BTC/USD * Dollar Index * Commodities * Real Time Commodities * Metals * Softs * Meats * Energy * Grains * Commodity Indices * Gold * Silver * Crude Oil WTI * Brent Oil * Natural Gas * Copper * US Corn * Indices * South Africa Indices * Major Indices * World Indices * Global Indices * Indices Futures * Indices CFDs * S. 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But analysts at RBC said Monday’s stock reaction was overdone and presented a buying opportunity. RBC said while the potential earlier-than-expected launch of an Eylea biosimilar was negative for Regeneron, they remained bullish on the stock over its strong oncology pipeline and overall prospects. Judge Thomas Kleeh in the district of Virginia rejected Regeneron’s request for a preliminary injunction against Amgen, who it accused of infringing several patents in developing its Eylea copy Pavblu. Regeneron’s shares slid 4.6% to $1,091.98 on Monday, and were flat in aftermarket trade. Eylea earned Regeneron nearly $6 billion in U.S. sales in 2023, with Pavblu- a biosimilar for the eye drug- likely to eat into those sales. But Amgen has so far not presented a timeline for releasing Pavblu. Biosimilars are similar to generics in pharmaceuticals, although they cannot be copied exactly due to using living cells. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. SHOULD YOU INVEST $1,000 IN AMGN RIGHT NOW? Investing.com’s ProPicks are 6 model portfolios that identify the best stocks for investors to buy now. The stocks that made the cut could produce monster returns in the coming years. Is AMGN one of them? Unlock ProPicks to find out Regeneron slides as Amgen wins Eylea biosimilar case; RBC still bullish * * * * View all comments (0)0 LATEST COMMENTS Post Comment Guidelines Loading next article… Trade With A Regulated Broker Currencies Indices Commodities Shares 1D 1W 1M 6M 1Y 5Y Max Created with Highcharts 9.3.308:0010:0012:0014:0014:…75 50076 00076 500 South Africa Top 40 76,753.46 +923.25 +1.22% S. Africa 40 Futures 77,570.00 +999 +1.30% US 30 42,137.80 -70.4 -0.17% US 500 5,728.10 -4.8 -0.08% US Tech 100 19,923.40 -23.5 -0.12% DAX Futures 19,141.00 -20.4 -0.11% Dollar Index 99.97 -0.080 -0.08% Gold Futures 2,683.20 +6.20 +0.23% Silver Futures 32.455 +0.025 +0.08% Crude Oil WTI Futures 71.47 -0.09 -0.13% Brent Oil Futures 74.40 -0.06 -0.08% Natural Gas Futures 2.818 0.000 0.00% Copper Futures 4.5275 +0.0008 +0.02% US Corn Futures 410.12 -1.63 -0.40% USD/ZAR 17.2791 +0.0246 +0.14% EUR/USD 1.1192 +0.0011 +0.10% GBP/USD 1.342 +0.0009 +0.06% USD/JPY 143.28 +0.06 +0.05% GBP/JPY 192.29 +0.18 +0.09% USD/CAD 1.3426 -0.0004 -0.03% AUD/USD 0.6896 +0.0005 +0.08% SNHJ 2.00 0 0.00% MTNJ 9,532.00 -43 -0.45% SBKJ 24,841.00 +503 +2.07% FSRJ 8,586.00 +111 +1.31% BHPJ 50,000.00 0 0.00% ARIJ 18,318.00 +600 +3.39% NPNJn 368,106.00 +209 +0.06% Most Popular Articles News Analysis Fed's Bowman to speak, Boeing's new pay offer - what's moving markets By Investing.co... 23 Sept 2024 Gold prices hit record high on rate cut cheer; copper rallies on China stimulus By Investing.co... 23 Sept 2024 Equities, commodities climb after China announces stimulus By Reuters 24 Sept 2024 S&P 500 shrugs off signs of consumer jitters to hit fresh record high By Investing.co... 24 Sept 2024 Gold's September performance has been "unseasonably strong" - UBS By Investing.co... 23 Sept 2024 Gold: Key Buy Zones to Target If the Long-Overdue Pullback Materializes By Fawad Razaqz... 22 Sept 2024 1 Stock to Buy, 1 Stock to Sell This Week: Meta Platforms, Boeing By Jesse Cohen 22 Sept 2024 Doing Less in the Market Can Increase Your Long-Term Profit Odds to 95% By Francesco Ca... 22 Sept 2024 These Stocks Could Be Ripe for a Short Following a 50% Rally Since August Lows By Calogero Sel... 19 Sept 2024 JSE and Rand Mute as the Rally Wanes By Adriaan Pask 22 Sept 2024 More News Market Movers Most Active Gainers % Losers % NameLastChg. %Vol. FirstRand Ltd 8,586+1.31% 10.50M Discovery 17,060+3.87% 3.34M Standard Bank 24,841+2.07% 2.58M Anglo American 48,866-1.02% 1.48M Prosus 66,0300.00% 949.25K Naspers 368,106+0.06% 356.40K Richemont 233,237-1.08% 307.27K NameLastChg. %Vol. Brimstone Investment 550+9.78% 850.00 Frontier Transport Holdings 800+9.59% 6.04K Putprop Ltd 349+9.06% 10.00 Schroder European Real Estate PLC 1,713+8.56% 1.55K Safari Investments RSA Ltd 597+8.55% 603.00 Deneb Investments 234+8.33% 201.00 Delta Property Fund 29+7.41% 4.29K NameLastChg. %Vol. Rex Trueform 13-99.04% 0.00 Cafca 3.78-99.00% 0.00 Afine Investments 4.50-99.00% 0.00 Globe Trade Centre 30-99.00% 0.00 Foschini Prf 1.01-99.00% 0.00 Rex Trueform 11.26-99.00% 0.00 Rex Trueform Prf 1.11-99.00% 0.00 TRENDING STOCKS NameLastChg. %Vol. Standard Bank 24,841+2.07% 2.58M Premier 10,449.00-12.19% 175.92K Sibanye Stillwater 1,842+1.77% 10.12M Naspers 368,106+0.06% 356.40K Impala Platinum 10,139+4.68% 4.29M Show more ProPicks AI AI-powered stock picks with a proven track record to beat the S&P 500. 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