
Shares of drugmaker Regeneron Pharmaceuticals REGN.O rise 1.9% to $585.67
Co says its experimental treatment, garetosmab, significantly reduced abnormal bone formation in patients with fibrodysplasia ossificans progressiva
FPO is a condition where muscle, tendon and ligament tissues gradually turn into bones, causing progressive loss of mobility and reduced life expectancy
Co plans to file U.S. marketing application for the drug by the end of 2025, with global regulatory submissions slated for 2026
Including session's move, stock down 18.4% YTD