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Regeneron Reports Third Quarter 2009 Financial and Operating Results

eptember 30, ------------------ ----------------- (In millions) 2009 2008 2009 2008 ---- ---- ---- ---- Contract research & development revenue Sanofi-aventis $68.5 $42.0 $178.9 $116.3 Bayer HealthCare 12.2 9.0 34.9 28.2 Other 1.8 1.9 5.3 5.4 --- --- --- --- Total contract research & development revenue $82.5 $52.9 $219.1 $149.9 ===== ===== ====== ======

For the three and nine months ended September 30, 2009 and 2008, contract research and development revenue from sanofi-aventis consisted of the following:

                                      Three months  ended  Nine months ended
                                         September 30,       September 30,
                                       ------------------  -----------------
    (In millions)                       2009        2008     2009       2008
                                        ----        ----     ----       ----
      Regeneron expense reimbursement   $7.0        $7.3    $21.6      $29.3
      Recognition of deferred revenue
       related to up-front payments      2.5         2.1      7.4        6.2
                                         ---         ---      ---        ---
       Total aflibercept                 9.5         9.4     29.0       35.5
                                         ---         ---     ----       ----
      Regeneron expense reimbursement   55.7        29.5    139.8       72.4
      Recognition of deferred revenue
       related to up-front payment       2.6         2.6      7.9        7
SOURCE Regeneron Pharmaceuticals, Inc.
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