Teva Gets Investment From Royalty On Olanzapine LAI

Follows Successful Launch Of Uzedy LAI Risperidone In The US Earlier This Year

Teva has announced a new investment from Royalty Pharma in its long-acting injectable formulation of olanzapine that is being developed for the US market with partner MedinCell.

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Teva has garnered investment from Royalty in olanzapine LAI • Source: Shutterstock

Teva has announced a collaboration deal with Royalty Pharma that will see the firm “provide R&D and funding support of up to $125m” for the development of Teva’s olanzapine long-acting injectable, known by the development codename TEV-‘749.

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