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Teva Pharmaceutical Industries (TEVA) investor relations material
Teva Pharmaceutical Industries UBS Global Healthcare Conference 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic transformation and growth
Pivot to growth strategy implemented nearly three years ago, focusing on returning, accelerating, and maintaining growth.
Achieved 11 consecutive quarters of growth, with Q3 marking a shift to accelerated growth.
Innovative business grew 33% in Q3, surpassing $800 million in sales, with key products Austedo, Ajovy, and UZEDY showing strong double-digit growth.
Gross margin improved from 48% in Q1 2023 to a range of 40%-55% due to portfolio shift and operational efficiencies.
Company now positions itself as a biopharma leader with a robust generics and innovative pipeline.
Product performance and commercial strategy
Austedo's 38% Q3 growth driven by improved patient journey management, titration support, and transition to XR formulation.
Maintains disciplined approach to value and access, preparing for increasingly challenging payer environments.
UZEDY's uptake attributed to product profile advantages and disciplined pricing, avoiding excessive discounting to preserve long-term value.
Olanzapine LAI filing planned for this quarter, with launch targeted for the second half of next year.
Schizophrenia franchise expected to reach $1.5-$2 billion, with Austedo targeting $2.5-$3 billion.
Pipeline and innovation
Duvakitug advanced rapidly from phase two to phase three for UC and CD, with additional indications under consideration.
DARI (dual action rescue inhaler) on track for full recruitment by year-end, aiming for 2027 launch with pediatric indication as a differentiator.
Emphasis on disciplined, value-driven launches and deep understanding of patient journeys.
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