Teva Pharmaceutical (TEVA) is not a company immune to controversy, but one long standing overhang might have just been removed.Last week, the global generics pharma company announced the launch of the first FDA-approved generic versions of Gilead Sciences’ HIV treatments Truvada and Atripla.The launch brings to an end a patent case which stretches back to September 2018, one which Raymond James analyst Elliot Wilbur calls “one of the lengthier PIV battles in recent memory.”In addition to being able to tap into a lucrative market – Truvada generated global sales of $753 million in the first half of 2020, while Atripla …read more
Source:: Yahoo Finance
