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Last updated : 01/10/2026 - 12h20
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Sanofi Expands Collaboration with Regeneron to Four New Antibodies

The two groups are adding several long-acting antibodies to their long-standing collaboration, built around Dupixent. The agreement provides for an initial payment of one billion dollars from Sanofi to Regeneron and ends a previous dispute between the partners.


Sanofi Expands Collaboration with Regeneron to Four New Antibodies

Four New Antibodies Co-Developed and Co-Commercialized

Sanofi and Regeneron Pharmaceuticals announced on October 1, 2026 the expansion of their collaboration in the field of antibodies, integrating several next-generation long-acting antibodies. The expanded license and collaboration agreement covers four new antibodies invented by Regeneron, targeting interleukin-13 (IL-13), the bispecific IL-4xIL-13, interleukin-4 (IL-4) and interleukin-4 receptor alpha (IL-4Rα).

The anti-IL-13 antibody REGN20423 is currently under phase 1 clinical study in atopic dermatitis, with the three other antibodies expected to enter clinical studies in 2027. Regeneron will also have an option to include in the collaboration Sanofi's lunsekimig, in phase 2/3, an experimental bispecific therapy targeting TSLP and IL-13, an option exercisable upon completion of its phase 3 studies in chronic obstructive pulmonary disease.

The collaboration between the two companies dates back to 2003 and has led to several approved medicines, including Dupixent (dupilumab), currently administered to more than 1.5 million patients across nine indications.

An Initial Payment of One Billion Dollars and Milestones Up to 7 Billion

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Under the terms of the agreement, Regeneron will receive an initial payment of one billion dollars from Sanofi, with potential milestone payments linked to development, regulatory approvals and commercialization, reaching up to 7 billion dollars additional.

The two companies will share the costs of development and commercialization of the new programs and will split equally (50/50) future profits from these potential products on a global scale. Regeneron will lead research and development activities, while Sanofi will lead global commercial efforts.

The existing profit-sharing agreement concerning Dupixent remains unchanged.

End of Previous Dispute Between the Two Partners

The two companies indicated that they have resolved their previous dispute related to the collaboration. Belén Garijo, Chief Executive Officer of Sanofi, presented the operation as "a deliberate first step to restart Sanofi's innovation engine".

For his part, Leonard S. Schleifer, President and Chief Executive Officer of Regeneron, described an agreement intended to "bring the next generation of immunological medicines to patients even faster".



Sector Pharmacie et biotechnologies › Vaccins et laboratoires de recherche


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 22 106 millions d'euros
  • Quarterly revenue: 22 106 millions d'euros
  • Revenue growth: 11,1 %
  • Net income: 1 957 millions d'euros
  • Free cash flow: 3 724 millions d'euros
  • 15 513 millions d'euros
Outlook / guidance
  • Expected revenue: 47 989 millions d'euros
  • Management commentary: Sanofi anticipe un taux de croissance autour de 10% à TCC, et prévoit pour le BNPA des activités à TCC une croissance légèrement supérieure à celle des ventes.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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