Teva Pharmaceutical Investments Singapore, A Subsidiary Of Teva Pharmaceutical Industries And Jiangsu Nhwa Pharmaceutical Formed A Partnership To Market And Distribute Teva's Austedo (Deutetrabenazine) For Neurodegenerative And Movement Disorders
Portfolio Pulse from Benzinga Newsdesk
Teva Pharmaceutical Investments Singapore, a subsidiary of Teva Pharmaceutical Industries, has partnered with Jiangsu Nhwa Pharmaceutical to market and distribute Austedo (Deutetrabenazine), a treatment for neurodegenerative and movement disorders.
February 26, 2024 | 12:08 pm
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Teva Pharmaceutical Industries has formed a partnership through its subsidiary with Jiangsu Nhwa Pharmaceutical to market and distribute Austedo, expanding its global reach and potentially increasing revenue.
The partnership to market and distribute Austedo, a treatment for neurodegenerative and movement disorders, through Teva Pharmaceutical Investments Singapore with Jiangsu Nhwa Pharmaceutical, indicates a strategic move to expand Teva's global footprint and access to new markets. This could lead to increased sales and revenue for Austedo, positively impacting TEVA's stock in the short term.
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