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Shares of Israel's Teva jump 23% after in-development drug's 'unprecedented results'

Shares in Israel's Teva Pharmaceutical Industries have soared after the results of a clinical study of its Duvakitug drug for the treatment of ulcerative colitis and Crohn's disease met primary goals. Teva and French drug-maker Sanofi announced that the second-phase clinical trial results for the drug showed 'unprecedented results.' Teva's US-listed shares jumped 23 percent.

Original article source: https://www.timesofisrael.com/liveblog_entry/shares-of-israels-teva-jump-23-after-in-development-drugs-unprecedented-results/
Source Id: 2024-12-578673851

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