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TEVA — Teva Pharmaceutical Industries Limited

TEVA (Teva Pharmaceutical Industries Limited) stock: $42.61, $49.72B market cap, $4.08B cash, $49.67B EV, $49.65B fully diluted market cap. Data from Fully Diluted's biotech stocks database.

What they do

We operate worldwide, with headquarters in Israel and a significant presence in the United States, Europe and many other markets around the world. Today, our global network of capabilities consists of approximately 34,000 employees across 57 markets. Teva was incorporated in Israel on February 13, 1944 and is the successor to a number of Israeli corporations, the oldest of which was established in 1901.

Source: 10-K FY2025 via SEC EDGAR

Share price
$42.61
Market cap
$49,718.5M
Cash
$4,085.0M
Enterprise value
$49,671.5M

Balance sheet

Cash$4,085.0M
Debt$4,038.0M
Net cash$47.0M
Enterprise value$49,671.5M
Basic shares1,165.3M shares
Fully diluted shares1,165.3M shares
Fully diluted market cap$49,653.3M
Cash per share$3.51
Quarterly burn+$411.0M generated

Cash figures as of 2026-09-30. Database snapshot: 2026-11-07.

Share structure

Common
1,165.3M
Pre-funded warrants
0.0M
Options
—
RSUs
—
Warrants
0.0M
Converts
—
Conv preferred
0.0M
ESPP reserve
0.0M
FDSO
1,165.3M

Cap table as of 2026-06-30.

Price history

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Next catalyst

TEV-'749 · Est. Nov 15, 2026 · quarter midpoint · guided Now

Recently reported

TEV-56286 Phase 2 Negative · 2026-11-02
TOPAS-MSA · multiple system atrophy
Primary: Change from baseline to Week 48 in the modified Unified Multiple System Atrophy Rating Scale Part I score (Phase 2 TOPAS-MSA, NCT06568237) — Prespecified interim futility analysis met the predefined futility criterion, indicating a low probability of the study meeting its primary efficacy endpoint if continued; Teva will discontinue the study on the independent data monitoring committee's recommendation. No numeric efficacy result was disclosed; the analysis was an interim predictive assessment, not the final efficacy analysis
· Study designed to enroll approximately 350 participants to receive emrusolmin 300 mg or placebo for approximately 48 weeks, followed by a four-week follow-up
· Open-label extension study NCT07197866; a comprehensive analysis of TOPAS-MSA and available OLE data will follow
· The decision concerns TOPAS-MSA and does not represent a final decision on the broader emrusolmin program
Safety: No safety concerns were identified in the interim analysis
Source release →
duvakitug Phase 2 Positive · 2026-10-20
RELIEVE UCCD LTE
Primary: Clinical remission (modified Mayo Score) in ulcerative colitis and endoscopic response (50% or greater decrease in SES-CD) in Crohn's disease at Week 44 of maintenance treatment — UC clinical remission 47% on duvakitug 450 mg (n=34) and 58% on 900 mg (n=38); CD endoscopic response 41% on 450 mg (n=27) and 55% on 900 mg (n=31)
· RELIEVE UCCD LTE (NCT05668013): n=130 induction responders (72 UC, 58 CD) re-randomized to duvakitug 450 mg or 900 mg SC every four weeks
· UC Week 44 clinical response: 82% (450 mg), 87% (900 mg)
· UC Week 44 endoscopic improvement: 59% (450 mg), 63% (900 mg)
· CD Week 44 clinical response (CDAI): 81% (450 mg), 87% (900 mg)
· CD Week 44 clinical remission (CDAI): 81% (450 mg), 84% (900 mg)
· Efficacy numerically higher at 900 mg in both diseases, consistent with a dose response
Safety: Generally well tolerated, safety consistent with the induction phase, no new safety concerns; discontinuations due to adverse events were UC 4% (450 mg) and 2% (900 mg), and CD 6% in each arm
Source release →
TEV-408 Phase 2 Positive · 2026-09-02
TEV-408 Phase 2a · celiac disease
Source release →
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