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6 Drug Stocks Unworthy of Biotech Bull Market

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Regeneron Pharmaceuticals (REGN - Get Report)

Stock return since Jan. 1: 84%

I was on the fence about including Regeneron on this list until the stock strolled past $100 per share Monday. I get it -- Regeneron has a newly approved and launched eye drug, Eylea, that's requires fewer inconvenient, uncomfortable (creepy?) eye injections than Roche's Lucentis (and repurposed, off-label Avastin) for treating age-related macular degeneration. But Regeneron is now valued at well over $9 billion. Even if Eylea does really well and brings in $1 billion in sales (not a sure thing by any means), Regeneron's valuation is bubblicious. Regeneron is the new Vertex Pharmaceuticals (VRTX).

Regeneron shares closed Tuesday down less than 1% to $100.34.

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SYM TRADE IT LAST %CHG
BPAX $55.05 -1.24%
CYTX $0.72 -20.00%
ENMD $1.18 1.72%
GALE $1.34 -3.20%
REGN $465.61 -1.80%

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