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As Teva's Neurology Portfolio Gains Momentum, New Assets Join The Pipeline

 
• By Jessica Merrill

Q3 results show Austedo appears headed towards blockbuster status, and the company signed a collaboration with MODAG for two compounds for neurodegenerative diseases.

ripples in a pond
Teva looks to build out in neuroscience • Source: Alamy

Teva Pharmaceutical Industries Ltd.'s neurology portfolio is showing renewed growth and the company is looking to build on that foundation with the addition of two new pipeline assets, in a deal announced ahead of its third quarter sales and earnings release.

The company announced a worldwide licensing and development deal with MODAG GmbH on 26 October, gaining rights to two clinical-stage drugs for neurodegenerative diseases, including

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