Strong Growth in Key Products
AUSTEDO achieved a 34% increase, UZEDY surpassed its target with $117 million, and AJOVY grew by 18% reaching $0.5 billion.
Sustained Revenue Growth
Teva reported $16.5 billion in revenue, a 9% increase, with adjusted EBITDA also rising by 9% to $4.8 billion.
Positive Financial Metrics
Non-GAAP EPS increased by 10% to $2.49, and free cash flow grew by 10% to $2.1 billion.
Strategic Progress in Generics and Biosimilars
Generics business grew by 11%, and the company plans to launch seven biosimilar assets in the US and four in Europe by 2027.
Pipeline Advancements
Significant progress in late-stage products such as olanzapine, ICS/SABA DARI, and duvakitug, with promising future indications.
Improved Credit Ratings
All three major credit rating agencies upgraded Teva's ratings and outlook, recognizing improved growth prospects.