Teva Pharma Industries Ltd ADRDuvakitug, a key pipeline drug co-developed with Sanofi, is in phase 3 trials and could reach $2-5B peak sales, driving further stock surge.
Teva Pharmaceutical Industries' turnaround is gaining momentum, with shares up roughly 85% over the past 12 months as the company shifts from generic to branded drugs. First-quarter 2026 financials show branded drugs like Austedo, Ajovy, and Uzedy delivering mid-double-digit annual sales growth, while management projects a 30% increase in operating profit and adjusted EBITDA starting next year. A key catalyst is duvakitug, a drug co-developed with Sanofi currently in phase 3 trials for ulcerative colitis and Crohn's disease, which management estimates could reach $2 billion to $5 billion in peak annual sales. With the stock trading at less than 10 times estimated 2027 earnings, further progress on duvakitug could spark another major rally.
Teva Pharma Industries Ltd ADRDuvakitug, a key pipeline drug co-developed with Sanofi, is in phase 3 trials and could reach $2-5B peak sales, driving further stock surge.
Sanofi SASanofi co-develops duvakitug with Teva, which could generate significant revenue if approved.