Reported Saturday, Teva's New Schizophrenia Treatment TEV-749 Meets Key Endpoints in Phase 3 Study
Portfolio Pulse from Benzinga Newsdesk
Teva Pharmaceuticals announced positive Phase 3 trial results for TEV-749, a new long-acting injectable treatment for schizophrenia. The study showed significant improvements in key efficacy measures without the risk of post-injection delirium/sedation syndrome (PDSS), a common issue with current treatments. These findings were presented at the ECNP Congress, highlighting TEV-749's potential as a safer alternative for schizophrenia patients.
September 23, 2024 | 6:57 am
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POSITIVE IMPACT
Teva Pharmaceuticals' TEV-749 met key endpoints in a Phase 3 trial, showing significant efficacy in treating schizophrenia without the risk of PDSS. This positions TEV-749 as a promising new treatment option, potentially boosting Teva's market position.
The successful Phase 3 trial results for TEV-749, demonstrating significant efficacy and safety without PDSS risk, are likely to positively impact Teva's stock. This development could enhance Teva's product portfolio and market position in the schizophrenia treatment space.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100