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Wajeeh Khan

TEVA Stock Alert: What to Know as Teva Therapeutics' Scores FDA Approval for Schizophrenia Treament

Teva Teva Pharmaceutical Schizophrenia Barchart

Teva Pharmaceutical (TEVA) shares remain in focus after the company secured U.S. Food and Drug Administration (FDA) approval for Weltruza as a treatment for schizophrenia in adults. Teva expects availability in the coming weeks, with no loading doses, supplemental oral treatment, or post-injection monitoring required.

Including the post-announcement rally, TEVA stock is up about 30% versus the start of this year.

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