News Formal

Why These 2 Pharma Stocks Are Surging

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 40 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 53%

Teva Pharma Industries Ltd ADR Nyheter

Sanofi ADR

Stocks Analysis by ValueWalk (Dave Kovaleski) covering: Teva Pharma Industries Ltd ADR, Sanofi ADR. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com

Both stocks were rising on the news, with Teva up 26%.) stocks were rising on Tuesday after the companies announced successful results of a phase 2 study involving the treatment of patients with ulcerative colitis and Crohn’s disease .

Also, 26.1% of low-dose patients and 47.8% of high-dose patients with CD treated with duvakitug achieved endoscopic response compared to 13.0% on placebo.“The results from the RELIEVE UCCD study have exceeded our expectations, and I am deeply moved by the potential for duvakitug to help treat and meaningfully improve the quality of life of people living with IBD,” Eric Hughes, MD, PhD, head of global R&D and chief medical officer at Teva, said.

Specifically, Austedo saw a 28% increase in revenue to $435 million in the quarter, while Ajovy revenue increased 21% to $137 million. Its generics business saw 30% revenue growth in the U.S., 8% in Europe, and 13% in international markets in Q3. The third quarter results enabled Teva to boost its revenue outlook for fiscal 2024.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Lowe’s Q3 Earnings Report Raises Red Flags — Don't Buy the Drop YetStocks Analysis by ValueWalk (Dave Kovaleski) covering: Lowe’s Companies Inc. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »

These Retail Stocks Benefitted the Most From Record-Setting Black FridayStocks Analysis by ValueWalk (Dave Kovaleski) covering: Amazon.com Inc, Walmart Inc, Bath & Body Works Inc., Best Buy Co Inc. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »

S&P 500 in 2025: Why Top Analysts Predict the Bull Market Will EndStocks Analysis by ValueWalk (Dave Kovaleski) covering: Nasdaq 100, S&P 500, NVIDIA Corporation. Read ValueWalk (Dave Kovaleski)'s latest article on Investing.com
Källa: Investingcom - 🏆 450. / 53 Läs mer »

Stocks making the biggest moves after hours: General Motors, Dave & Buster's, GE Vernova and moreThese are the stocks posting the largest moves in extended trading.
Källa: CNBC - 🏆 12. / 72 Läs mer »

Wall Street stocks end lower after inflation data, tech stocks push Nasdaq downWall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Källa: Investingcom - 🏆 450. / 53 Läs mer »