Israeli drugmaker Teva Pharmaceutical Industries (NYSE: TEVA) is already facing a hit to its revenue from generic competition to Copaxone (glatiramer acetate).
In the USA, this includes a challenge from the Sandoz division of Novartis (NOVN: VX), which markets Glatopa, 20mg/mL and 40mg/mL generic versions of the multiple sclerosis (MS) drug.
Now Novartis has shown superiority to Copaxone with the Swiss pharma giant’s approved therapy Gilenya (fingolimod) in the Phase IIIb ASSESS study.
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