HEALTHCARE
Roche to buy 89bio for up to $3.5b
The company, which was founded in Israel, has a drug for treatment of fatty liver in phase III trials, which was initially an asset of Teva.
Analysts see huge upside in Teva
According to "The Wall Street Journal," the average target price of 11 investment institutions covering Teva's stock is $24.29, a 57.9% premium on the current share price.
Israeli co Restore Medical raises $23m
The company's transcatheter approach introduces a new minimally invasive therapeutic option for heart failure patients who have limited effective treatments today.
Teva recycling debt after rating upgrade
The Israeli pharmaceutical company's debt at the end of the first quarter of 2025 was $16.7 billion, after the company repaid $1.4 billion in debt during the quarter.
Teva on course for 2027 targets
The Israeli pharmaceutical company's 3,000 layoffs will help the company achieve its targets for growth and higher profitability.