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Teva Pharmaceutical Industries

Latest Headlines

Latest Headlines

Mapi Pharma closes $10M Series A round after two scuttled IPOs

Mapi Pharma has closed a $10 million (€9 million) Series A round to finance mid-phase trials of its once-a-month version of Teva's blockbuster multiple sclerosis drug, Copaxone. The round follows two aborted attempts to raise cash in a Nasdaq IPO.

Israel's Teva completes Auspex deal, has new arguments on Mylan offer

Teva Pharmaceutical Industries said it has completed its $3.2 billion acquisition of Auspex Pharmaceuticals, a U.S.-based biopharmaceutical company specializing in development of nervous-system therapies.

With Teva out, OncoGenex shrinks its PhIII lung cancer study

Yesterday, Teva formally tied off its collaboration with Seattle-based OncoGenex after handing over a $23 million payment as it exited a partnership to develop the biotech's late-stage cancer drug custirsen. Today, OncoGenex took the next step in its survival plan, trimming down the size and length of an ongoing trial as it reorganizes in the face of a major setback.

Israeli court tells Teva to return Copaxone, pay Proneuron; more ammo for Mylan?

An Israeli court ordered Teva Pharmaceutical to not only return the Copaxone (glatiramer acetate) multiple sclerosis drug it licensed from Proneuron Biotechnologies but also return 14 indications it received for other nervous system drugs. Oh, and pay Proneuron the equivalent of $128,666 as well.

Bayer to close vet med plant, lay off 130

Bayer had hoped to sell a veterinary med plant in Missouri that it picked up a few years ago from Teva. But no one has come forward, so the German drugmaker will close the plant and lay off 130 people.

Teva, Barr in largest ever pay-for-delay settlement

Teva Pharmaceutical Industries and Barr Pharmaceuticals agreed to pay the largest settlement ever for a pharmaceutical "pay-for-delay" deal, $512 million. Fellow defendants Ranbaxy Laboratories and Mylan did not agree to the settlement.

Talk grows of Teva offer for Mylan but Coury doesn't see a fit

Israel's Teva Pharmaceutical Industries is reported to be considering a $34 billion takeover of British-based Mylan. But if it indeed is, the takeover would have to be a hostile one given Mylan's strongly worded response to the reports.

Report: Supply chain efficiency can boost both top- and bottom-line results

Pharma puts so much emphasis on top line that drugmakers give scant consideration to what their supply chains are costing them. But a new report suggests that making a supply chain more efficient is not only going to save costs, but it will also help drive greater sales.

G&W Laboratories buying Teva plant after picking up one from Actavis

G&W Laboratories, which bought an Actavis facility in North Carolina last summer, is now taking over a Teva Pharmaceutical Industries facility in Pennsylvania that was on the cusp of closing.

Supreme Court pitches patent fight over Shire's Lialda after Teva ruling

The ripple effects from last week's Teva v. Sandoz ruling have begun. The U.S. Supreme Court sent three patent fights back to a lower court in light of that ruling, which ordered the Federal Circuit Court to defer to district-level findings on patent claims unless a "clear error" had been made.