Teva Gets Investment From Royalty On Olanzapine LAI

Follows Successful Launch Of Uzedy LAI Risperidone In The US Earlier This Year

Teva has announced a new investment from Royalty Pharma in its long-acting injectable formulation of olanzapine that is being developed for the US market with partner MedinCell.

Dollar sign wearing crown with gold background
Teva has garnered investment from Royalty in olanzapine LAI • Source: Shutterstock

Teva has announced a collaboration deal with Royalty Pharma that will see the firm “provide R&D and funding support of up to $125m” for the development of Teva’s olanzapine long-acting injectable, known by the development codename TEV-‘749.

Royalty describes itself as “the largest buyer of biopharmaceutical royalties and a leading funder of innovation across the biopharmaceutical industry.”

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