US drugmaker Regeneron under fire for ‘excessive’ payouts to executives

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Sumary of US drugmaker Regeneron under fire for ‘excessive’ payouts to executives:

  • Instead it will replace them with an upfront five-year grant of performance-restricted stock units worth $130m (£92m) for each of its top two executives – Leonard Schleifer, the Regeneron chief executive, and George Yancopoulos, the chief scientific officer..
  • Regeneron is supplying the US government with millions of doses of its Covid antibody cocktail REGEN-COV, after receiving emergency authorisation for the treatment in November…

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