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Teva to divest active pharmaceutical ingredient business

The API unit, which brought in revenue of $1.05 billion in 2022, makes pharmaceutical ingredients that are used in both generic and branded medicines, and serves over 1,000 clients globally. Teva is expected to report earnings later on Wednesday. Teva has been focused on cutting its $35 billion of debt as it fought a spate of lawsuits alleging it helped fuel the U.S. opioid epidemic, and is recovering from the loss of exclusivity for its multiple sclerosis drug Copaxone. ....

Shailesh Kuber , Manas Mishra , Sriraj Kalluvila , Teva Pharmaceutical Industries , Pharmaceutical Industries , Active Pharmaceutical Ingredient , Generic Drugs , Core Business , Branded Drugs ,

Drug cost trends in 2024 are 'nearly unprecedented,' research finds

Drug cost trends in 2024 are 'nearly unprecedented,' research finds
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Antonio Ciaccia , 6brooklyn Research , Branded Drugs , Brand Name Drugs , Drug Price Changes , Aren T ,