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Japan's Ministry of Health, Labour and Welfare has officially approved Dupixent, developed by Regeneron and Sanofi, for treating adults with moderate-to-severe bullous pemphigoid. The regulatory decision was supported by positive data from the LIBERTY-BP-ADEPT Phase 2/3 clinical trial, which demonstrated the drug's efficacy. This approval marks a significant expansion for Dupixent, further solidifying its role as a primary revenue driver for both pharmaceutical giants. Following the news, Barclays initiated coverage on Regeneron with an Overweight rating and a price target of $923. Analysts believe that the expansion into the Japanese market will provide a substantial boost to the company's long-term growth prospects. The market response remains positive as investors weigh the impact of new indications for blockbuster drugs on corporate valuations.
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