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DewDiligence

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DewDiligence

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Re: mcbio post# 128580

Monday, 10/17/2011 6:34:36 PM

Monday, October 17, 2011 6:34:36 PM

Post# of 252503
REGN sells $460M* of convertible debt on terms to be announced:

http://finance.yahoo.com/news/Regeneron-Pharmaceuticals-prnews-277497583.html?x=0&.v=1

Now is a good time to do it—before investors figure out that Eylea is going to be a commercial dud!

*Assuming exercise of the underwriter’s 15% overallotment option.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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