TEVA CONSIDERING POTENTIAL SALE OF INFLAMMATORY BOWEL DISEASE ASSET - BLOOMBERG

• Teva Pharmaceutical Industries (NYSE:TEVA) is considering options for its inflammatory bowel disease candidate TEV 48574, including a potential sale.
• The anti-TL1A is in phase 2 for ulcerative colitis and Crohn's disease.
• Bloomberg reported the Israeli pharma has been having discussions with advisors on a partnership or sale of the candidate.
• Other companies with candidates targeting TL1A for inflammatory bowel diseases include Prometheus Biosciences (RXDX) PRA023 and Roivant Sciences' (ROIV) RVT-3101.

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2023-05-25T21:09:36Z dg43tfdfdgfd