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Regeneron Q3 loss at $35.8 million

November
6

Regeneron Pharmaceuticals Inc., a biopharmaceutical company in Eastview that is trying to develop drugs to treat cancer, eye diseases, inflammatory diseases and other conditions, reported this morning it lost $35.8 million, or 54 a share during the third quarter. The loss was wider than the $27.4 million, 48 cents a share, the company had in the third quarter of 2006. Revenues were up to $22.3 million from $15.6 million. The company’s shares were down 29 cents, at $19.99, in early trading.

This entry was posted on Tuesday, November 6th, 2007 at 11:00 am by Allan Drury.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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