Market intelligence, trend analysis and forecasts for the Pharma and Healthcare industries across the regions

Companies / Israel

Innovative Pharmaceuticals Help Drive Teva Growth

May 2007 | Industry News
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Israeli firm Teva 's second innovative drug offering Azilect (rasagiline tablets), which treats Parkinson's disease, has continued its successful market entry helping the company to record another quarter of strong results. In Q107, Teva's sales hit US$2.1bn, an increase of 24% q-o-q and BMI expects the good performance to continue as the company benefits from its multi-billion dollar acquisition of IVAX.