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$REGN's 4Q15 total Bayer HealthCare collaboration revenue was $165MM and total Sanofi collaboration revenue was $166MM. The Sanofi revenue line primarily consists of reimbursement of $REGN incurred R&D expenses and commercialization-related expenses, and the company's share of profits or losses in connection with commercialization of antibodies.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.