Teva Starts The Year With Phase III Data And Growth

Teva reported positive Phase III data for a long-acting version of olanzapine for schizophrenia, coinciding with its first quarter sales and earnings release.

Teva Pharmaceutical Industries Ltd. is making progress on its “Pivot to Growth” strategy and is one step closer to adding a new medicine to its innovative portfolio – a novel long-acting subcutaneous version of the widely used antipsychotic drug olanzapine for schizophrenia.

Key Takeaways

Teva announced positive Phase III efficacy data on a novel long-acting subcutaneous version of olanzapine, an atypical antipsychotic widely used for schizophrenia.

The company announced positive Phase III efficacy data on 8 May, coinciding with Teva’s first quarter sales and earnings announcement...

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