Teva Reaffirms 2027 Financial Targets

(RTTNews) - Teva Pharmaceutical Industries Ltd. (TEVA) reaffirmed 2027 financial targets, including 30% operating profit margin, driven by growth and transformation programs. The company said its medicines franchise is on track to exceed $5 billion by 2030. AUSTEDO sales are expected to exceed $2.5 billion in sales by 2027 and exceed $3 billion by 2030.

Richard Francis, Teva's President and CEO, said: "Now, we are accelerating our growth into a leading biopharma company with a strong innovative medicines franchise and a powerhouse generics and biosimilars portfolio."

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