Teva Announces $700 Million Acquisition of Emalex Biosciences

Teva Pharmaceutical Industries (TEVA) has agreed to acquire Emalex Biosciences for up to $900 million, including cash and milestone payments. The deal is expected to close by Q3 2026 and will not affect Teva's financial targets for 2027.

By Venkatesh May 2, 2026 2 min read · Yahoo Finance · May 2, 2026, 14:35 UTC

Teva Announces $700 Million Acquisition of Emalex Biosciences

Tickers: $TEVA

Topics: Biotech Corporate Strategy Pharmaceuticals

Read the full article at Yahoo Finance

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