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Teva to Advance Its Anti-IL-15 Antibody, Designed for Quarterly Dosing, Into Phase 2b Development in Vitiligo, Following Encouraging Phase 1b Results

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(Very Positive)
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Teva (NYSE:TEVA) plans to advance TEV-’408, its investigational anti-IL-15 antibody designed for quarterly subcutaneous dosing, into a Phase 2b vitiligo study in Q4 2026. The move follows an open-label Phase 1b trial in non-segmental vitiligo showing skin repigmentation and no observed safety signals to date.

At week 24, evaluable patients reported facial and total body improvements, including 42% achieving F-VASI50, 21% F-VASI75, and 7% T-VASI50. Nearly 75% reported facial vitiligo improvement, with half describing themselves as “much” or “very much” improved.

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Positive

  • Advancing TEV-’408 into Phase 2b vitiligo study in Q4 2026
  • Quarterly (Q12W) subcutaneous dosing design for TEV-’408
  • No safety signals observed to date in Phase 1b study
  • Nearly 75% of patients reported improved facial vitiligo at week 24
  • 42% achieved F-VASI50 and 21% achieved F-VASI75 at week 24

Negative

  • Only 7% of patients achieved T-VASI50 at week 24
  • Program remains early-stage, moving from Phase 1b to Phase 2b

News Market Reaction – TEVA

-1.81%
7 alerts
-1.81% Session close to close
$41.09B Market Cap
0.3x Rel. Volume

In the Jul 7 session, TEVA declined 1.81%, reflecting a mild negative market reaction. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Encouraging Phase 1b vitiligo data, including facial improvement in nearly 75% of patients, advance ...
Analysis

Encouraging Phase 1b vitiligo data, including facial improvement in nearly 75% of patients, advance TEV-’408 toward Phase 2b. With mixed past reactions to R&D and acquisition news, durability of benefit and broader total body responses remain key watch points.

Key Figures

Baseline disease extent: 66% >10% body surface area Facial improvement rate: Nearly 75% of patients Strong facial response: 50% of patients +5 more
8 metrics
Baseline disease extent 66% >10% body surface area Baseline characteristics of enrolled Phase 1b vitiligo patients
Facial improvement rate Nearly 75% of patients Participants reporting improvement in facial vitiligo at week 24
Strong facial response 50% of patients Reported facial vitiligo as “much” or “very much” improved at week 24
F-VASI50 response 42% of patients Achieved F-VASI50 at week 24 in evaluable Phase 1b participants
F-VASI75 response 21% of patients Achieved F-VASI75 at week 24 in evaluable Phase 1b participants
Total body improvement 55% of patients Reported improvement in total body vitiligo at week 24
T-VASI50 response 7% of patients Achieved T-VASI50 at week 24 in evaluable Phase 1b participants
Dosing schedule Q12W subcutaneous; 2 injections Anti-IL-15 administered on Day 0 and week 12, designed for quarterly dosing

Historical Context

5 past events · Latest: Jun 18 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 18 Earnings prep memo Neutral +2.3% Publication of Q2 2026 aide memoire ahead of earnings release.
Jun 18 Regulatory filing Positive +2.3% NDA submission for ecopipam in pediatric Tourette syndrome with Phase 3 support.
Jun 18 Earnings call notice Neutral +2.3% Scheduling of Q2 2026 results release and conference call details.
Jun 10 Acquisition close Neutral -2.5% Closing of Emalex Biosciences acquisition adding ecopipam to pipeline.
Jun 08 Clinical data update Positive -2.3% New long-term AUSTEDO data for tardive dyskinesia treatment and care.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent headlines show mixed reactions: NDA and scheduling news aligned with positive moves, while acquisition and R&D data drew negative responses.

Key Terms

interleukin-15, monoclonal antibody, vitiligo area severity index, subcutaneous
4 terms
interleukin-15 medical
"an investigational anti-interleukin-15 monoclonal antibody, into a Phase 2b study"
Interleukin-15 is a small immune signaling protein that helps activate and grow certain white blood cells, especially natural killer cells and T cells, which hunt infections and abnormal cells. Investors watch it because drugs or vaccines that boost, mimic, or block this signal can power new therapies for cancer, infectious disease, or immune disorders; think of it as a coach that can sharpen the immune team, so successful programs can drive substantial clinical and commercial value.
monoclonal antibody medical
"an investigational anti-interleukin-15 monoclonal antibody, into a Phase 2b study"
A monoclonal antibody is a laboratory-made protein designed to recognize and attach to a specific target in the body, such as a disease-causing substance or cell. It functions like a highly precise lock-and-key tool, helping to treat or detect illnesses. For investors, companies developing monoclonal antibodies can represent promising opportunities in the healthcare sector, especially as these treatments often address unmet medical needs.
vitiligo area severity index medical
"The primary measure of efficacy is the Vitiligo Area Severity Index (VASI) at week 24."
A standardized clinical score that measures how much of the body and how severely skin is affected by vitiligo, based on dividing the body into regions and grading the percentage of depigmentation and lesion characteristics. It acts like a ruler for doctors and researchers to quantify disease extent and change over time, so investors pay attention because it is commonly used as an endpoint in clinical trials and regulatory assessments that influence a therapy’s approval and market value.
subcutaneous medical
"Anti-IL-15 was administered as two subcutaneous injections on Day 0 and at week 12."
Subcutaneous means situated or applied just beneath the skin. In finance, the term can describe processes or investments that are hidden or not immediately visible, much like something placed under the skin that isn't easily seen from the outside. Recognizing subcutaneous activities helps investors understand underlying factors that may influence markets or asset values over time.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • Teva-discovered TEV-’408 targets IL-15, a key driver of vitiligo biology 
  • TEV-’408 showed improvement in skin pigmentation and was well-tolerated with no safety signals observed to date
  • Nearly 75% of patients reported improvement in facial vitiligo, with half reporting “much’ or “very much” improved
  • TEV-’408 is designed for convenient quarterly (Q12W) subcutaneous dosing

Teva will hold an investor call and live webcast today,
Tuesday, July 7, 2026, at 8:00 a.m. ET to discuss these data.

TEL AVIV, Israel, July 07, 2026 (GLOBE NEWSWIRE) -- Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today announced plans to advance its TEV-’408, an investigational anti-interleukin-15 monoclonal antibody, into a Phase 2b study in vitiligo in the fourth quarter of 2026. The decision follows encouraging results from an ongoing Phase 1b, open-label study in adults with active or stable non-segmental vitiligo (NSV).

Data from the ongoing, open-label Phase 1b study showed improvements in skin pigmentation in patients with active or stable NSV. TEV-’408 was well-tolerated with no safety signals observed to date. At baseline, 66% of enrolled participants had vitiligo affecting more than 10% of body surface area, representing a population with limited treatment options. At week 24, in evaluable participants:

  • Nearly 75% of patients reported improvement in facial vitiligo, with half reporting “much” or “very much” improved
  • 42% achieved F-VASI50 and 21% achieved F-VASI75
  • 55% of patients reported improvement in total body vitiligo
  • 7% achieved T-VASI50

“TEV-’408 exemplifies the type of innovative, Teva-discovered program we are prioritizing as we continue to advance and strengthen our immunology pipeline,” said Richard Francis, President and Chief Executive Officer of Teva. “Grounded in compelling biology and focused on meaningful unmet need, TEV-’408 reflects our progress in our Pivot to Growth strategy and our commitment to pursuing differentiated innovation for patients.”

Vitiligo is a chronic autoimmune disease that causes loss of skin pigmentation and can have a significant impact on quality of life, self-image, and daily social interactions. Despite recent advances, treatment options remain limited, particularly for patients with more extensive disease, who may require systemic therapy, or those seeking better disease control.

“Vitiligo can affect far more than the skin. It can shape how people see themselves, how they show up in the world, and the confidence they carry every day,” said Eric Hughes, MD, PhD, Executive Vice President, Global R&D and Chief Medical Officer at Teva. “These encouraging data strengthen our confidence in the IL-15 pathway and reflect the depth of Teva’s scientific expertise. We are excited by the potential of this program to offer a meaningful new option for people living with vitiligo.”

Teva Investor Call
Teva will hold an investor call and live webcast today, Tuesday, January 7, 2026, at 8:00 a.m. ET/ 2:00 p.m. CET to discuss these data. To participate, please register in advance here. To access a live webcast of the presentation, visit Teva’s Investor Relations website at https://ir.tevapharm.com/Events-and-Presentations. An archived version of the webcast will be available 24 hours after the end of the live discussion.

 TEV-’408 Phase 1b Study Design
The ongoing open-label phase 1b study enrolled adults with active or stable NSV with an F-VASI > 0.5 or a T-VASI > 5. Anti-IL-15 was administered as two subcutaneous injections on Day 0 and at week 12. The primary measure of efficacy is the Vitiligo Area Severity Index (VASI) at week 24. Monitoring of patients extends through week 80.

About TEV-’408
TEV-’408, discovered by Teva, is an investigational human monoclonal antibody designed to inhibit interleukin-15 (IL-15), a cytokine involved in immune-mediated pathways. TEV-’408 has a high affinity and potency (in vitro) as well as a prolonged half-life, with a planned convenient quarterly (Q12W), subcutaneous dosing.

In addition to being studied as a potential therapy for vitiligo, TEV-’408 is being evaluated for celiac disease in a Phase 2a study and was granted Fast Track designation in that indication by the U.S. FDA in May 2025.

By blocking IL-15 activity, TEV-’408 aims to reduce the immune-mediated destruction of melanocytes (pigment producing cells) resulting in white patches on the skin characteristic of vitiligo or reduce the IL-15-driven intestinal inflammation and damage characteristic of celiac disease.

As previously announced, Teva’s agreement with Royalty Pharma provides Teva with up to $500 million of strategic R&D funding to further accelerate the clinical research program of TEV-’408, including the planned Phase 2b study in vitiligo.

About Vitiligo
Vitiligo is a chronic autoimmune skin disease characterized by the loss of pigment-producing cells (melanocytes), resulting in white patches that can appear anywhere on the body. Affecting people of all ages, skin types, and ethnicities, vitiligo has an estimated global prevalence of 0.5% to 2%, although many individuals remain undiagnosed.

Beyond its physical manifestations, vitiligo can impose a significant emotional and psychosocial burden, with many people experiencing anxiety, depression, and social isolation. Current treatment options are limited, particularly for people with more extensive disease. Only one topical therapy is approved, and its use is restricted to treating up to 10% of the body surface area. As a result, many people with vitiligo remain insufficiently treated, underscoring the need for systemic therapies that can support meaningful and durable repigmentation.

About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is transforming into a leading innovative biopharmaceutical company, enabled by a world-class generics business. For over 120 years, Teva’s commitment to bettering health has never wavered. From innovating in the fields of neuroscience and immunology to providing complex generic medicines, biosimilars and pharmacy brands worldwide, Teva is dedicated to addressing patients’ needs, now and in the future. At Teva, We Are All In For Better Health.

 Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are based on management’s current beliefs and expectations and are subject to substantial risks and uncertainties, both known and unknown, that could cause our future results, performance or achievements to differ significantly from that expressed or implied by such forward-looking statements. You can identify these forward-looking statements by the use of words such as “should,” “expect,” “anticipate,” “estimate,” “target,” “may,” “intend,” “plan,” “believe” and other words and terms of similar meaning and expression in connection with any discussion of future operating or financial performance. Important factors that could cause or contribute to such differences include risks relating to: our ability to successfully develop and commercialize TEV-’408 for the treatment of vitiligo; our ability to successfully compete in the marketplace, including our ability to develop and commercialize additional pharmaceutical products; our ability to successfully execute on our Pivot to Growth strategy, including to expand our innovative and biosimilar medicines pipeline and profitably commercialize the innovative medicines and biosimilar portfolio, whether organically or through business development; and other factors discussed in our Quarterly Report on Form 10-Q for the first quarter of 2026 and in our Annual Report on Form 10-K for the year ended December 31, 2025, including in the sections captioned “Risk Factors” and “Forward-Looking Statements.” Forward-looking statements speak only as of the date on which they are made, and we assume no obligation to update or revise any forward-looking statements or other information contained herein, whether as a result of new information, future events or otherwise. You are cautioned not to put undue reliance on these forward-looking statements.

Teva Media
Inquiries
TevaCommunicationsNorthAmerica@tevapharm.com
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FAQ

What did Teva (NYSE:TEVA) announce about its TEV-’408 vitiligo program on July 7, 2026?

Teva announced plans to advance its investigational anti-IL-15 antibody TEV-’408 into a Phase 2b vitiligo study in Q4 2026. According to Teva, this decision follows encouraging Phase 1b data showing skin repigmentation and an acceptable tolerability profile with no safety signals observed so far.

What are the key Phase 1b efficacy results for Teva’s TEV-’408 in vitiligo?

Phase 1b data showed facial and total body repigmentation in adults with non-segmental vitiligo treated with TEV-’408. According to Teva, 42% achieved F-VASI50, 21% F-VASI75, and 7% T-VASI50 at week 24, with nearly 75% reporting improved facial vitiligo.

How well was Teva’s TEV-’408 tolerated in the Phase 1b vitiligo study (TEVA)?

TEV-’408 was reported as well-tolerated in the ongoing open-label Phase 1b study, with no safety signals observed to date. According to Teva, adults with active or stable non-segmental vitiligo received two subcutaneous doses and are being monitored through week 80 for safety and efficacy.

What is unique about the dosing schedule of Teva’s TEV-’408 for vitiligo treatment?

TEV-’408 is designed for convenient quarterly (every 12 weeks) subcutaneous dosing in vitiligo. According to Teva, patients in Phase 1b received two injections on Day 0 and week 12, and the candidate is being advanced into Phase 2b development based on these data.

When will the Phase 2b study of TEV-’408 in vitiligo start, and what is its focus for TEVA shareholders?

Teva expects to begin the Phase 2b vitiligo study of TEV-’408 in the fourth quarter of 2026. According to Teva, the program targets IL-15, a key driver of vitiligo biology, aiming to address unmet need in patients with more extensive or difficult-to-treat disease.

What information was shared for investors about Teva’s TEV-’408 vitiligo data webcast?

Teva scheduled an investor call and live webcast on July 7, 2026, at 8:00 a.m. ET to discuss TEV-’408 vitiligo data. According to Teva, investors can register in advance and access the live and archived webcast via the company’s Investor Relations website.