Teva has followed its rival Sandoz in reporting a soft quarter of US generics sales, adding to debate that recent stability in the US generics sector amid the coronavirus pandemic – stability that Teva itself has repeatedly underlined – is at risk.
Is Teva’s US Decline In Q3 Evidence Of A Broader Downward Trend?
Third Quarter Numbers Follow Sandoz’ View Of ‘Challenging Environment’
Teva faced questions about the current environment in the US for generics, following weakness in its numbers and in those of rival Sandoz during the third quarter. Management remains “very committed to the US generics segment,” after sales dropped by 7%.
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