Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Feb 14, 2019 08:03 AM IST | Healthcare

Teva Pharmaceutical sees weaker than expected 2019, shares tumble

Israel-based Teva, the world's largest generic drugmaker, is counting on its new migraine drug Ajovy and Huntington's treatment Austedo to help revive its fortunes after it was forced to restructure to tackle a debt crisis.
Sales from its blockbuster multiple sclerosis drug Copaxone have been declining due to generic competition, which is also expected to hurt sales of respiratory drug ProAir this year.
Teva shares were down 7.9 percent to $17.62 in New York.
Teva Pharmaceutical sees weaker than expected 2019, shares tumble
Published Date: Feb 14th, 2019 08:03 AM | Updated Date: Feb 14, 2019 08:03 AM IST
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

More From
Live TV