Israel’s leading drugmaker Teva Pharmaceutical Industries (NYSE: TEVA) has presented data from exploratory endpoints from the Phase IIIb FOCUS trial of Ajovy (fremanezumab), at the annual congress of the European Academy of Neurology (EAN).
Teva has an uphill battle to claim a slice of an increasingly crowded market for a novel kind of migraine therapy, the calcitonin gene-related peptide (CGRP) blocker.
Amgen (Nasdaq: AMGN) and Novartis’ (NOVN: VX) Aimovig (erenumab) was the first to gain approval in this class, followed by Eli Lilly’s (NYSE: LLY) Emgality (galcanezumab).
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