Teva Pharmaceutical Reports Q1 Earnings Beat and Announces Amylyx Acquisition
Teva Pharmaceutical (TEVA) reported first-quarter revenue of $4.0 billion, a year-over-year increase of 2% and above analyst estimates. The company also announced plans to acquire Amylyx Pharmaceuticals for up to $900 million in cash plus milestones.
Tickers: $TEVA
Topics: acquisitions earnings_beat pharmaceuticals