It is perhaps a little ironic that generics giant
Teva Pharmaceutical (NYSE:
TEVA)
finds itself in a position similar to what it helped create for many
other pharmaceutical companies over the years. The company is facing
increasing competition for its blockbuster MS drug Copaxone, while also
having to deal with more pushback on pricing and a thinning pipeline for
major generic releases. While Teva does have to face up to some
near-term challenges, success with biosimiliars and a decision from
management to double-down on internal efficiency and profitability would
likely go a long way toward improving investor sentiment.
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