KEY TAKEAWAYS: Regeneron (#20 by revenue in FY2024) became the third company to launch a BCMAxCD3 bispecific for myeloma, following J&J (#3) and Pfizer (#2). Company spends 36.1% of revenue on R&D—highest in pharma—growing at 19.5% annually Patent portfolio shows 652 antibody patents (50.3% of total) with 31 bispecific-specific filings Tarrytown, New York–based Regeneron may… The post Why Regeneron’s Lynozyfic FDA approval validates its extreme R&D thesis appeared first on Drug Disc...