A continued drought of low-competition, high-margin generic launches in the US dragged down Teva’s North America Generics sales by 6% in the third quarter to $806m, as management moved to reassure investors that big-ticket products were on the horizon, insisting: “This will only improve in 2023.”
Coupled with the much more significant factor of severe sustained foreign exchange headwinds, the firm once again took the axe...








