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Teva Pharmaceutical Industries Limited American Depositary Shares - TEVA STOCK NEWS

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Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) is a leading Israeli multinational pharmaceutical company headquartered in Tel Aviv, Israel. As the world's largest generic drug manufacturer, Teva plays a pivotal role in the global healthcare industry. The company derives approximately 50% of its sales from North America, contributing significantly to the total number of generic prescriptions in the United States.

Teva's extensive portfolio includes not only generic drugs but also active pharmaceutical ingredients (APIs) and proprietary pharmaceuticals. The company's operations are categorized into three main therapeutic areas:

  • Central Nervous System (CNS): Featuring notable products such as Copaxone, Ajovy, and Austedo, Teva addresses critical CNS disorders with innovative treatments.
  • Respiratory: Products like Qvar and ProAir contribute to Teva's robust respiratory medicine lineup, catering to patients with various respiratory conditions.
  • Oncology: Teva's oncology portfolio includes groundbreaking medicines such as Truxima, Herzuma, and Bendeka/Treanda, providing essential treatments for cancer patients.

In addition to its pharmaceutical products, Teva is a major player in active pharmaceutical ingredients, offering contract manufacturing services and owning Anda, a U.S.-based distributor of generic and specialty drugs.

Teva's global presence extends beyond North America, with significant operations in Europe, Japan, Russia, and its home country, Israel. The company's strategic partnerships and innovations keep it at the forefront of the pharmaceutical industry. Recent developments include advancements in biosimilars and innovative treatments.

Financially, Teva continues to maintain a strong position, focusing on growth and resilience amidst market challenges. The company is committed to improving patient health worldwide by providing high-quality, affordable medicines.

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Teva Pharmaceuticals has launched a generic version of SOOLANTRA® (ivermectin) Cream, 1% in the U.S. for treating rosacea lesions. Teva is a leader in generic medicines with over 550 FDA-approved products. SOOLANTRA® generated annual sales exceeding $115 million in the U.S. Teva emphasizes that their ivermectin cream is not intended for oral, ophthalmic, or intravaginal use, highlighting potential risks during pregnancy and breastfeeding. The company remains focused on expanding its generics portfolio amid competitive market conditions.

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Teva Pharmaceuticals announced new data on AJOVY (fremanezumab) at the American Headache Society meeting, highlighting clinical and real-world efficacy for treating migraines. The presentation includes a 12-month extension study from the HALO clinical program, addressing both episodic and chronic migraines. Key findings show that patients experienced statistically significant reductions in migraine days, with notable results among those with comorbid conditions like depression and anxiety. AJOVY remains the only long-acting anti-CGRP injection approved in the US.

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Teva Pharmaceuticals announced 11 presentations on AJOVY® (fremanezumab-vfrm) at the 2021 American Headache Society Annual Meeting from June 3-6. The research highlights AJOVY's effectiveness in migraine treatment, showcasing clinical data spanning 15 months. Key findings include the drug's significant impact on patients with comorbid conditions like depression and anxiety. AJOVY is available in single-dose injections and is indicated for preventive migraine treatment in adults. For further information, details can be found on Teva's website.

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Teva Pharmaceuticals has launched the first generic version of THIOLA® (tiopronin) tablets in the U.S., aimed at preventing cystine kidney stone formation in adults and children aged 9 and above. The medication is intended for patients unresponsive to standard treatments such as increased fluid intake and dietary changes. Teva, known for its extensive portfolio of over 550 generic medicines, holds a leading market position in generics with around 1 in 11 prescriptions in the U.S. filled with its products. The company continues to focus on expanding its generic offerings, with about 100 additional products pending approval.

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Teva Pharmaceuticals launched the "It’s Not OK – It’s TD" campaign to raise awareness about tardive dyskinesia (TD) and promote AUSTEDO® (deutetrabenazine) as a treatment option. The campaign encourages patients to discuss their symptoms with healthcare providers instead of coping silently. TD can affect 1 in 4 individuals on certain mental health medications, leading to significant physical and emotional impacts. Clinical studies show AUSTEDO significantly reduces TD symptoms, with sustained improvement over 145 weeks. Teva also offers resources and financial assistance to support patients during treatment.

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Teva Pharmaceuticals has announced the presentation of two e-posters at the ATS International Conference from May 14-19, 2021. One poster focuses on the increased use of short-acting beta-agonist (SABA) in patients with poorly controlled asthma using the ProAir® Digihaler®. The second addresses real-world uncontrolled COPD therapy. These findings underscore Teva's commitment to improving respiratory disease treatments, utilizing data from their digital inhaler to inform patient management.

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Teva Pharmaceuticals has launched its generic Erythromycin tablets in 250 mg and 500 mg strengths, a therapeutic equivalent to Arbor Pharmaceuticals' reference drug. These tablets are used to treat several bacterial infections and prevent rheumatic fever in penicillin-allergic patients. Teva, with a robust portfolio of nearly 550 generic medicines, leads in FDA-approved generics and holds approximately 100 first-to-file opportunities. Annual sales for Erythromycin in the U.S. exceed $49 million, indicating significant market potential for Teva's new offering.

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Teva Pharmaceuticals announced new data from a 3-year study of AUSTEDO® (deutetrabenazine) for tardive dyskinesia (TD), to be presented at the 2021 APA Virtual Annual Meeting (May 1-3). This study investigates long-term safety, quality of life (QoL), and patient outcomes in 337 patients. Results show that 79.8% reported at least one adverse event, with low incidence rates. QoL improvements were noted with significant scores change over 145 weeks. AUSTEDO is indicated for both TD and chorea associated with Huntington’s disease.

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Teva Pharmaceuticals has launched the first generic isotretinoin capsules (10 mg, 20 mg, 25 mg, 30 mg, 35 mg, 40 mg) in the U.S. for treating severe nodular acne in non-pregnant patients aged 12 and older. This introduction adds to Teva's robust portfolio, which includes over 550 generic medicines. Isotretinoin capsules, with annual sales exceeding $158 million, offer an essential option for patients unresponsive to conventional therapies. Teva's generics division continues to lead in first-to-file opportunities, further solidifying its market presence.

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FAQ

What is the current stock price of Teva Pharmaceutical Industries American Depositary Shares (TEVA)?

The current stock price of Teva Pharmaceutical Industries American Depositary Shares (TEVA) is $22.09 as of December 20, 2024.

What is the market cap of Teva Pharmaceutical Industries American Depositary Shares (TEVA)?

The market cap of Teva Pharmaceutical Industries American Depositary Shares (TEVA) is approximately 24.7B.

What does Teva Pharmaceutical Industries Limited specialize in?

Teva specializes in generic drugs, active pharmaceutical ingredients, and proprietary pharmaceuticals.

Where is Teva headquartered?

Teva is headquartered in Tel Aviv, Israel.

What are some of Teva's key products?

Key products include Copaxone, Ajovy, Austedo, Qvar, ProAir, Truxima, Herzuma, and Bendeka/Treanda.

In which regions does Teva operate?

Teva operates in North America, Europe, Japan, Russia, and Israel.

How much of Teva's sales come from North America?

Approximately 50% of Teva's sales come from North America.

What therapeutic areas does Teva focus on?

Teva focuses on central nervous system, respiratory, and oncology therapeutic areas.

What is Anda?

Anda is a U.S.-based distributor of generic and specialty drugs owned by Teva.

Does Teva offer contract manufacturing services?

Yes, Teva offers contract manufacturing services.

What role does Teva play in the U.S. generic prescription market?

Teva accounts for a high-single-digit percentage of the total number of generic prescriptions in the U.S.

What recent advancements has Teva made?

Teva has made advancements in biosimilars and innovative treatments across its therapeutic areas.

Teva Pharmaceutical Industries Limited American Depositary Shares

NYSE:TEVA

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24.72B
1.13B
0%
57.83%
1.87%
Drug Manufacturers - Specialty & Generic
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