Regeneron Pharmaceuticals (NASDAQ:REGN) and Sanofi (NYSE:SNY) say the FDA approved their Kevzara (sarilumab) biotech drug for treatment of adults with moderate to severely active rheumatoid arthritis. Kevzara will carry a list price of $39K/year for the 200 mg and 150 mg doses, which the companies say is ~30% lower than the list price for the two most widely used rival medicines.