Welcome to our dedicated page for Teva Pharm news (Ticker: TEVA), a resource for investors and traders seeking the latest updates and insights on Teva Pharm stock.
Teva Pharmaceutical Industries Limited reports developments across its global pharmaceutical business, including complex generic medicines, biosimilars, pharmacy brands, and innovative medicines in neuroscience and immunology. News commonly covers financial results, investor conference presentations, R&D updates, regulatory milestones, and product or patient-support launches tied to brands and candidates such as UZEDY, PONLIMSI, and proposed biosimilars.
As an Israel-based issuer with ADSs traded under TEVA, company updates also address ADR-relevant investor communications, operating outlook materials, partnerships, and strategy around a generics platform supporting a broader biopharmaceutical portfolio.
Teva Pharmaceutical Industries Ltd. (NYSE:TEVA) announced the presentation of 8 studies on AJOVY (fremanezumab) at the 25th World Congress of Neurology (WCN), occurring virtually from October 3-7, 2021. Highlights include pooled analyses on efficacy, safety, and quality of life improvements among diverse patient groups. The company will host an online symposium on October 3, focusing on healthcare disparities in migraine treatment. The studies aim to enhance understanding of migraine and promote inclusivity in clinical research.
Teva Pharmaceuticals has launched a national campaign called Inhaler Tales aimed at addressing improper inhaler use among asthma and COPD patients. An animated inhaler, voiced by actress Sarah Michelle Gellar, is central to the campaign, which raises awareness about the impact of inhaler misuse on disease control. A survey reveals that 40% of patients feel their respiratory conditions disrupt their lives, yet many are confident they use their inhalers correctly. However, only 45% adhere to their maintenance inhaler usage as prescribed, indicating a significant gap in effective disease management.
Teva Pharmaceuticals has reached a settlement with the Attorney General of Louisiana concerning opioid-related claims. The agreement, contingent upon state confirmation by November 2, 2021, includes a payment of $15 million over 18 years and the donation of $3 million worth of lifesaving medicines. Teva is also pursuing a national settlement and continues defending itself in ongoing litigation in states like New York and California. The company views this settlement as a significant step toward aiding those affected by opioid addiction.
Alvotech announced the FDA has deferred action on the application for AVT02, a proposed biosimilar to Humira, pending necessary facility assessments. The FDA can defer without identifying deficiencies when inspections cannot be completed due to factors such as travel restrictions. Alvotech collaborates with the FDA for safe coordination of inspections. They are the only company that has conducted a switching study supporting interchangeability for Humira's high-concentration biosimilar. Teva Pharmaceuticals is the exclusive partner for AVT02's commercialization in the U.S.
Alvotech announced positive top-line results from a randomized study evaluating the bioequivalence of its biosimilar AVT02 (adalimumab) and Humira, demonstrating no significant differences in efficacy, safety, or immunogenicity. This study, aimed at supporting FDA approval as an interchangeable product, involved 568 patients across Europe. Alvotech is the first to submit a high-concentration biosimilar for Humira and has partnered with Teva Pharmaceuticals for U.S. commercialization. These results mark a significant milestone towards providing affordable treatment options for chronic conditions.
Teva Pharmaceuticals announced positive results from a network meta-analysis evaluating the effectiveness of AJOVY (fremanezumab), atogepant, and rimegepant in preventing episodic migraine. This analysis showed AJOVY's superiority in reducing monthly migraine days compared to both atogepant and rimegepant. The findings were shared during the International Headache Society Congress on September 8-12, 2021. AJOVY stands out as the only long-acting anti-CGRP subcutaneous injection approved for migraine prevention. The study reinforces the value of AJOVY in improving patient outcomes with significant migraine burdens.
Teva Pharmaceutical Industries announced that the New Drug Application (NDA) for TV-46000/mdc-IRM, an extended-release injectable suspension for schizophrenia treatment, has been accepted by the U.S. FDA. This acceptance is based on Phase 3 data from two pivotal studies, RISE and SHINE, which assessed the drug's efficacy, safety, and tolerability.
Teva remains responsible for clinical development and commercialization, while MedinCell will receive milestones and royalties. This marks a significant milestone for both companies in the mental health space.
Teva Pharmaceutical Industries Ltd. announces the presentation of 18 abstracts on AJOVY and other migraine treatments at the International Headache Society and European Headache Federation Congress from September 8-12, 2021. The late-breaking data includes a network meta-analysis showing the efficacy of AJOVY (fremanezumab-vfrm) and compared it to Atogepant and Rimegepant for episodic migraine prevention. This highlights Teva's commitment to improving migraine management, aiming for more migraine-free days for patients.
Teva Pharmaceuticals has announced results from a post hoc analysis of a 3-year open-label extension study for AUSTEDO (deutetrabenazine) tablets in treating tardive dyskinesia (TD). Published in The American Journal of Geriatric Psychiatry, this study evaluated efficacy and safety in patients under and over 55 years. TD affects approximately 500,000 individuals in the U.S., with higher rates in older patients. The analysis may guide treatment decisions, particularly for older adults, although the findings highlight the need for cautious interpretation due to the uncontrolled data.
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