Benzinga | Sep 24, 2021 01:19PM EDT

WHO Backs Regeneron COVID-19 Antibody Cocktail As It Calls For Equal Access

* The World Health Organization (WHO) has supported another COVID-19 therapeutic but urged the related companies and governments to address the high price and limited production of Regeneron Pharmaceuticals Inc's (NASDAQ:REGN) antibody combination.

* Related Content: WHO Recommends IL-6 Drugs From Sanofi, Roche For Critically-Ill COVID-19 Patients.

* The treatment, called Ronapreve, or REGEN-COV, includes casirivimab and imdevimab.

* UNITAID is negotiating with Roche Holdings AG (OTC: RHHBY), which is currently manufacturing the drug, for lower prices and equitable distribution.

* The agency also urged the firms to transfer tech to help make biosimilars.

* Read Next: FDA Approves Regeneron - Roche's COVID-19 Antibody Cocktail For Post-Exposure Prophylaxis.

* Recently, the U.S. ordered additional 1.4 doses of REGEN-COV by January 31.

* Related Link: U.S. Govt Calls For Additional Doses Of Regeneron's COVID-19 Antibody Therapy.

* Price Action: REGN stock is down 1.86% at $634.47, and RHHBY stock is down 1.11% at $45.91 during the market session on the last check Friday.