FINWIRES · TerminalLIVE
FINWIRES

Sanofi, Regeneron's Dupixent Becomes First Targeted Treatment for Pediatric Chronic Spontaneous Urticaria in EU

-- The European Commission approved Sanofi (SAN.PA) and Regeneron Pharmaceuticals' (RGO.F, REGN.VI) Dupixent as the first targeted therapy for children aged two to 11 years with moderate-to-severe chronic spontaneous urticaria.

The authorization extends the existing approval of Dupixent, or dupilumab, in the European Union for chronic spontaneous urticaria, an inflammatory skin condition characterized by "sudden and debilitating hives and recurring itch," according to a Monday release. The previous indication was for patients 12 years and older.

The approval was supported by data from the Liberty-Cupid clinical program, which combined an extrapolation of efficacy data in adults from two late-stage studies and pediatric data from the CUPIDKids phase 3 study. CUPIDKids was a single-arm study that evaluated children with chronic spontaneous urticaria between two years old and 11 years old who were still symptomatic even with the use of antihistamines.

The trials showed that Dupixent significantly outperformed placebo in reducing hives and itching by the 24-week mark, while also increasing the number of patients achieving a complete response. Across all studies, the safety profile remained consistent with Dupixent's safety results in other skin-related indications.

"Young children suffering from chronic spontaneous urticaria often experience an unpredictable barrage of unrelenting itch and visible hives during the critical years of their growth and development. As the first and only targeted medicine for young children in the EU with CSU, Dupixent has the potential to become the new standard of care for those who remain symptomatic despite other available treatments," Regeneron President and Chief Scientific Officer George D. Yancopoulos said.

The US Food and Drug Administration is currently reviewing a supplemental biologics license application for Dupixent in the US for pediatric patients aged two to 11 years for chronic spontaneous urticaria. The treatment is already approved for the same indication in certain adults and teenagers in the US, Japan, and other countries.

Approved in over 60 countries, Dupixent treats various type 2 inflammatory conditions, including asthma, chronic obstructive pulmonary disease, and atopic dermatitis, among others. Sanofi and Regeneron are also evaluating dupilumab in diseases such as chronic pruritus of unknown origin and lichen simplex chronicus.

Sanofi's shares were down over 1% in Paris, while Regeneron's stocks listed in Frankfurt and Vienna were marginally higher by Monday midday.

Related Articles

Australia

Intel Poised for 'Slight Beat' Amid Solid Server CPU Demand, RBC Says

Intel (INTC) is expected to report a "slight beat" in its fiscal first-quarter results amid robust server central processing unit demand, RBC Capital Markets said in a note e-mailed Tuesday.On Thursday, the chipmaker is likely to post adjusted per-share earnings and revenue above RBC's projections for breakeven and $12.20 billion, respectively, for the March quarter, according to the brokerage. The current consensus on FactSet is for non-GAAP EPS of $0.02 and sales of $12.42 billion."We expect a slight beat/raise driven by strong server CPU demand," RBC analyst Srini Pajjuri said. "(Personal computer) market also appears to be holding up for now."First-quarter revenue in the company's data center and artificial intelligence segment is pegged at $4.3 billion, representing a 3% annual gain, with room for potential upside, according to RBC."While demand remains strong, management expected internal wafer supply constraints to be most acute in (the first quarter) which could limit near-term upside," Pajjuri wrote. "Recent media reports point to Intel raising prices which should help."For the current quarter, RBC expects Intel to issue an outlook above Wall Street's estimates of $13.1 billion in revenue and adjusted EPS of $0.09, driven by server CPU demand and improving wafer supply.The data center and AI business is projected to see sequential growth of 10% in the second quarter, with RBC seeing potential upside amid improving supply and healthy pricing. The brokerage expects server demand to continue to benefit from agentic AI and sees industry supply remaining "tight" through 2026, it said in the note.RBC maintained its sector perform rating on Intel's stock with a $48 price target.The company's shares were up 0.3% in Tuesday afternoon trade, bringing its year-to-gains to nearly 79%.Last year, the US government agreed to invest $8.9 billion in Intel's common stock as part of a deal to secure a stake in the company. Separately, Nvidia (NVDA) agreed to inject $5 billion in Intel under a collaboration that aims to develop new data center and PC chips.Price: $66.04, Change: $+0.34, Percent Change: +0.52%

$INTC$NVDA
Australia

Scholastic Reports Preliminary Results of Dutch Auction Tender Offer

Scholastic (SCHL) on Tuesday announced preliminary results from its modified Dutch auction tender offer, which closed on Monday.The company said that shareholders tendered a total of about 2.85 million shares at or below the $40 per share purchase price, including about 1 million shares that were tendered by notice of guaranteed delivery.Based on the preliminary count, Scholastic expects to purchase all properly tendered shares at $40 each, for a total cost of about $114.1 million, excluding fees and expenses, it added.The company said that following completion of the offer, it expects nearly 17.9 million shares to remain outstanding, representing a reduction of about 13.7% in its share count.Shares of Scholastic rose 2.3% in the session.Price: $40.69, Change: $+0.93, Percent Change: +2.34%

$SCHL
Sectors

Sector Update: Financial

Financial stocks were declining in Tuesday afternoon trading, with the NYSE Financial Index decreasing 0.7% and the State Street Financial Select Sector SPDR ETF (XLF) off 0.6%.The Philadelphia Housing Index was adding 0.6%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) fell 1.8%.Bitcoin (BTC-USD) was decreasing 0.9% to $75,117, and the yield for 10-year US Treasuries was rising 5 basis points to 4.30%.In corporate news, Coinbase (COIN) and Gemini Titan have been sued by New York Attorney General Letitia James for allegedly violating the state laws against against illegal gambling with their prediction markets, Reuters reported, citing complaints filed in a state court in Manhattan. Coinbase shares fell nearly 7%.

$COIN