Regeneron Reports Second Quarter 2018 Financial and Operating Results

Thursday, August 2, 2018 General News
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TABLE 4

REGENERON PHARMACEUTICALS, INC.

COLLABORATION AND OTHER REVENUE (Unaudited)

(In thousands)

Three Months EndedJune 30,

Six Months EndedJune 30,

2018

2017

2018

2017

Sanofi collaboration revenue:

Reimbursement of Regeneron research and    development expenses

$

141,536

$

205,352

$

275,754

$

419,276

Reimbursement of Regeneron commercialization-   related expenses

105,727

87,853

192,361

161,412

Regeneron's share of losses in connection with    commercialization of antibodies

(68,797)

(122,281)

(143,671)

(230,683)

Other

59,287

51,204

102,799

82,490

   Total Sanofi collaboration revenue

237,753

222,128

427,243

432,495

Bayer collaboration revenue:

Regeneron's net profit in connection with    commercialization of EYLEA outside the    United States

246,302

190,883

478,370

365,759

Reimbursement of Regeneron development    expenses

3,867

6,720

7,864

13,069

Other

12,694

12,752

24,557

25,466

   Total Bayer collaboration revenue

262,863

210,355

510,791

404,294

Total Sanofi and Bayer collaboration revenue

$

500,616

$

432,483

$

938,034

$

836,789

Other revenue:

Reimbursement of Regeneron research and    development expenses - Teva

$

34,310

$

31,481

$

73,439

$

53,531

Reimbursement of Regeneron research and    development expenses - other

3,889

762

6,584

3,412

Other

72,825

81,257

117,159

112,997

   Total other revenue

$

111,024

$

113,500

$

197,182

$

169,940



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