'Supreme Court Unlikely To Limit Access To Abortion Pill' - Washington Post
Portfolio Pulse from Benzinga Newsdesk
The Supreme Court appears unlikely to restrict access to mifepristone, a medication used in over 60% of U.S. abortions, challenging the lawsuit brought by antiabortion doctors against the government's regulation loosening. The justices, showing skepticism across ideological lines, focused on the legal standing of the challengers. The drug's safety, supported by multiple studies, was emphasized, alongside the 2016 and 2021 rule changes that facilitated its access.
March 26, 2024 | 4:01 pm
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Teva Pharmaceutical, as a manufacturer of mifepristone, may see continued or increased demand for the drug following the Supreme Court's inclination to maintain access.
Given the Supreme Court's skepticism towards the lawsuit challenging mifepristone's accessibility, Teva Pharmaceutical, as a known manufacturer, stands to benefit from sustained or potentially increased demand for the drug. The legal proceedings indicate a favorable outcome for the continued use of mifepristone, indirectly supporting Teva's market position for this product.
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