TEVA
XNYSTEVA PHARMACEUTICAL-SP ADR
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0.70bullish
1 news · 90d
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News · 1
How did the price react? →- GlobalNewswire4/29/2026, 10:30:00 AMTeva to Acquire Emalex Biosciences, Adding NDA-Ready, First-in-Class Therapy to Neuroscience Pipeline and Accelerating Teva’s Pivot to Growth Strategy
Teva Pharmaceutical has entered a definitive agreement to acquire Emalex Biosciences, a private company whose lead asset, ecopipam, is a first-in-class therapy for Tourette syndrome in children. Phase 3 data showed statistically significant results on the primary efficacy endpoint, with an NDA submission expected in the second half of 2026. The deal adds a near-regulatory-stage neuroscience asset to Teva's pipeline as part of its stated pivot-to-growth strategy.
Sentiment 0.70Relevance 100%