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Bayer/Regeneron: Typically Rich, Extra Regional

Regeneron Pharmaceuticals' October 18th deal with Bayer is the perfect case-study for observers of today's biopharma sector: high-value, ex-US only, specialist, and with a nice split-indication twist in its tail.

Regeneron Pharmaceuticals Inc.'s October 18th deal with Bayer AG is the perfect case-study for observers of today's biopharma sector: high-value, ex-US only, specialist, and with a nice split-indication twist in its tail. [See Deal]

Bayer will pay $75 million up front and up to $245 million in development, regulatory and sales milestones for a...

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