Teva CEO Schultz: ‘Proof Is In The Pudding’ For US Biosimilars

Biosimilars Key For Teva As It Chases Mid-Single Digit Sales Growth

Teva CEO Kåre Schultz believes his prediction is coming true for the Truxima biosimilar in-licensed from Celltrion, as he gave the latest update on Teva’s efforts to settle significant legal issues around the US opioid crisis.

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Teva is "very happy about the situation we see in the biosimilar space," according to CEO Kåre Schultz • Source: Shutterstock

Teva’s president and CEO Kåre Schultz has expressed vindication that the Israeli firm has been able to leverage its position among the largest volume suppliers of US pharmaceuticals to the nascent biosimilars market, with a 20% share for the in-licensed Truxima (rituximab-abbs) that is set to grow further.

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Partnering opportunities, paused marketing, approvals, litigations, and many more. Formycon sets out the agenda for 2025, after seeing a bumpy start to the year.

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Biosimilars Industry Buoyed By EMA Paper On Reducing Clinical Trials

 
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The EMA’s latest move towards a more streamlined process for biosimilar registration in Europe was the hottest topic at last week’s annual biosimilars conference held by Medicines for Europe in Amsterdam. Generics Bulletin discusses the new draft reflection paper and its significance for industry, reports on reactions from the event, and reveals the next steps unveiled by EMA officials.

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Biosimilars Industry Buoyed By EMA Paper On Reducing Clinical Trials

 
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The EMA’s latest move towards a more streamlined process for biosimilar registration in Europe was the hottest topic at last week’s annual biosimilars conference held by Medicines for Europe in Amsterdam. Generics Bulletin discusses the new draft reflection paper and its significance for industry, reports on reactions from the event, and reveals the next steps unveiled by EMA officials.

Meitheal Adds To US Liraglutide List As It Looks To Ease Shortage Concerns

 
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Meitheal Pharmaceuticals said that its generic version of the GLP-1 agonist Victoza would be one of 22 planned launches during 2025, as the firm continues to build out its portfolio with the aid of its parent, Hong Kong King-Friend Industrial.

Glenmark Dodges UK Dapagliflozin Injunction Ahead Of Patent Trial Decision

 
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A UK High Court justice came down on the side of Glenmark in AstraZeneca’s bid to enjoin the firm from launching a generic version of its Forxiga blockbuster before judgment is delivered in the firms’ patent-litigation clash.