
Teva Secures FDA Nod For PONLIMSI, Biosimilar Candidate To Xolair Applications Accepted By FDA & EMA

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Teva Pharmaceutical Industries Limited announced FDA approval for PONLIMSI as a biosimilar to Prolia, aimed at treating bone conditions. The approval was based on comprehensive evidence showing similar efficacy and safety to Prolia. Additionally, Teva's biosimilar candidate for Xolair has been accepted by both the U.S. FDA and EMA. Yolanda Tibbe, Global Head of Biosimilars, emphasized the significance of these developments for expanding treatment options. TEVA shares are trading at $28.61, down 0.47% in pre-market hours.
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