Regeneron Currently Expects Q3 Financial Results To Include An Acquired In-process Research And Development Charge Of Approximately $56M On Pre-tax Basis - Filing
Portfolio Pulse from Benzinga Newsdesk
Regeneron anticipates a $56 million pre-tax charge in Q3 financial results due to acquired in-process research and development.
October 07, 2024 | 11:04 am
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Regeneron is set to report a $56 million pre-tax charge in its Q3 financial results due to an acquired in-process research and development expense.
The $56 million charge is a significant expense that will impact Regeneron's Q3 financial results, likely affecting investor sentiment negatively in the short term.
CONFIDENCE 90
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RELEVANCE 100