Teva Announces Launch Of The First And Only Generic Version Of Sandostatin LAR Depot, In The U.S.
Portfolio Pulse from Benzinga Newsdesk
Teva Pharmaceuticals has launched the first generic version of Sandostatin LAR Depot in the U.S., marking a significant step in its strategy to strengthen its position in the generic drug market. This launch highlights Teva's capabilities in complex generic formulations.
October 01, 2024 | 12:31 pm
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Teva Pharmaceuticals has launched the first generic version of Sandostatin LAR Depot in the U.S., enhancing its portfolio in complex generics and potentially boosting its market share.
The launch of the first generic version of Sandostatin LAR Depot positions Teva as a leader in complex generics, likely increasing its market share and revenue. This strategic move aligns with Teva's goal to sustain its status as a generic powerhouse, which is expected to positively impact its stock price.
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