Teva Pharmaceutical Industries Ltd. won an important US FDA approval for Ajovy (fremanezumab) in the prevention of migraine headache and is the first CGRP inhibitor approved for monthly and quarterly doses, but its biggest competitor from Amgen Inc./Novartis AG has a four-month head start and Ajovy could hit the market at the same time as Eli Lilly & Co.'s third-in-class product.
Teva believes that the option for quarterly treatment with Ajovy, which will launch at the same price as Amgen/Novartis' Aimovig (erenumab), is an important differentiator
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