Biotech Values

[DewDiligence]

Teva is working on a new “low volume” formulation of Copaxone that could conceivably be launched as soon as late 2010. From the 1Q09 CC held in May:

http://seekingalpha.com/article/135418-teva-pharmaceutical-industries-limited-q1-2009-earnings-call-transcript?page=2

…Teva is developing a number of product enhancements, aimed at improving the administration of Copaxone for all patients. Our latest formulation contains 20 milligram of glatiramer acetate in much smaller injection volume. In June [2009], we will begin a study to assess whether decreasing the injection volume can improve the injection experience for patients.

The clinicaltrials.gov entry for this trial is at: http://clinicaltrials.gov/ct2/show/NCT00947752 ; it shows an expected completion date of Oct 2009 but is still listed as “ongoing.”