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Regeneron narrows FY25 non-GAAP R&D view to $5.100B-$5.200B from $5.000B-$5.200B

Narrows FY25 Capital expenditures view to $880M-$950M from $850M-$950M. Raises FY25 GAAP effective tax rate view to 11%-13% from 9%-11%. Reaffirms non-GAAP effective tax rate view 11%-13%.

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