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Regeneron's melanoma drug trial fails primary endpoint, shares drop over 10%.

Market News
19 May 2026
PRNewsWire
View Source
Bearish
pluang ai news

Regeneron Pharmaceuticals announced that its Phase 3 melanoma trial for the drug combination Fianlimab + Libtayo failed to meet the primary endpoint against Merck's Keytruda. Despite earlier optimistic statements from company executives about potential positive outcomes, the trial results led to a sharp decline of over 10% in Regeneron's stock price. This failure has prompted an investigation into whether Regeneron made misleading statements about the trial's progress and expected results. Investors who suffered losses are being encouraged to seek legal advice regarding potential recovery options.

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