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Francis Takes Stock Of Teva Ahead Of Revealing Fresh Strategy

Generics Uptick In Europe And Internationally Helps Offset North America Slide

 
• By Dave Wallace

As Teva prepares to unveil a fresh strategy under new CEO Richard Francis on 18 May, the company has delivered Q1 results along with an update on planned US launches for long-acting injectable risperidone as well as biosimilar adalimumab.

Empty stage with red curtains and spotlight
The stage is set for Teva’s strategy reveal on 18 May • Source: Shutterstock

With all eyes on Teva ahead of its planned reveal of a fresh strategy under new CEO Richard Francis at an investor day on 18 May, the Israeli firm has delivered first-quarter results that reflected a continued decline in North American generics sales even as the company enjoyed an uptick in other markets.

Meanwhile, Teva also offered an update on US launch plans for its recently-approved long-acting injectable risperidone product, Uzedy (see sidebar), as well as acknowledging a

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