The financial experts project Celltrion's COVID-19 monoclonal antibody treatment Rekirona injection’s (regdanvimab) sales in Europe would hit 1.2 trillion won as the European Medicines Agency (EMA) has granted conditional approval on the treatment.

Leveraged by the Rekirona sales in Europe, the experts also projected Celltrion’s annual sales revenue this year would surpass 3 trillion won.

Researcher Sun Min-jeong at Hana Financial Investment published a report with the said details. Previously, Celltrion announced EMA has issued advice on the use of Rekirona, prior to the formal marketing authorization. Based on the advice issued, European countries are authorized to use the South Ko