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Regeneron and Sanofi secure historic seventh Japanese indication for Dupixent in bullous pemphigoid

Regeneron Pharmaceuticals (NASDAQ:REGN) and Sanofi today announced that Japan's Ministry of Health, Labour and Welfare (MHLW) has approved Dupixent (dupilumab) for the treatment of adults with moderate-to-severe bullous pemphigoid (BP) whose disease is not adequately controlled by existing therapies.

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Bloomberg

Oil Tumbles as Trump Eases Iran Threats

Oil fell sharply on Monday, again posting one of the biggest price swings on record, after US President Donald Trump said he was holding off on striking Iranian power plants and was negotiating a potential end to the war. Brent and West Texas Intermediate both tumbled more than 14% before clawing back some losses, with the global benchmark closing below $100 for the first time in almost two weeks. Trump's announcement on Truth Social kicked off a dramatic trading session, with the US president backing off a threat of hitting Iranian infrastructure. Iran, for its part, repeatedly denied it was negotiating with the US to end the conflict. Bloomberg News Managing Editor for Energy and Commodities Americas Simon Casey joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.

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Bloomberg

Dollar Declines as Trump Says Talks With Iran Underway

The dollar fell after US President Donald Trump said he would postpone strikes against Iranian energy targets, prompting energy prices to decline. The Bloomberg Dollar Spot Index declined 0.4% Monday in New York trading, reversing gains from earlier in the session when it touched the highest level since December. Trump cited talks about ending the conflict that were later downplayed by Iranian media, but that was enough to bring relief. Brent crude fell sharply to below $100 a barrel and US Treasuries rebounded, sending yields across the curve lower on Monday, while stocks gained. TD Securities Head of FX Strategy Jayati Bharadwaj joins Bloomberg Businessweek Daily to discuss. She speaks with Carol Massar and Tim Stenovec.

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