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LaunchTeva Pharmaceutical Industries Ltd. announces a strategic collaboration for the commercialization of Formycon's biosimilar candidate FYB203 in Europe and Israel.

Jan 13, 2025
Tel AvivManufacturingBiotechnologyHealth CareTherapeuticsPharmaceutical

Product Description

Teva Pharmaceuticals International GmbH has entered a strategic collaboration with Klinge Biopharma GmbH and Formycon AG for the semi-exclusive commercialization of FYB203, a biosimilar candidate to Eylea®, across Europe and Israel, leveraging Teva’s commercial experience and distribution network in the region.

Company Information

Company

Teva Pharmaceutical Industries Ltd

Location

Tel Aviv, Tel Aviv District, Israel

About

Teva Pharmaceutical Industries Ltd. is a leading global pharmaceutical company that delivers high-quality, patient-centric healthcare solutions to millions of people worldwide. With a focus on innovative medicines, especially in areas of central nervous system, pain, and respiratory therapies, Teva is dedicated to improving health and increasing access to medicines around the world.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.