Taylor Hanley's questions to Regeneron Pharmaceuticals Inc (REGN) leadership • Q4 2024
Question
Taylor Hanley, on behalf of Chris Schott at JPMorgan, asked about the strategy for balancing operating expense investments across the late-stage pipeline and the potential for partnering on programs.
Answer
CEO Dr. Leonard Schleifer emphasized that R&D is the primary capital allocation priority, highlighting the company's R&D productivity. He confirmed that Regeneron maintains flexibility and an open mind about partnering programs to best allocate resources, rather than using fixed spending quotas.