Teva shares Phase 3 data on once-monthly schizophrenia injection
Get Alerts TEVA Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.1%
Revenue Growth %: -5.1%
Join SI Premium – FREE
Teva Pharmaceutical Industries Ltd. (NYSE: TEVA) presented post hoc data from the Phase 3 SOLARIS trial for its investigational drug TEV-'749, a once-monthly subcutaneous long-acting injectable formulation of olanzapine for the treatment of schizophrenia in adults. The findings were presented at Psych Congress in New Orleans on Sept. 18, 2026.
In a post hoc analysis of the open-label period of the SOLARIS trial, 231 of 411 participants (56%) achieved stabilization across three dose groups of 318 mg, 425 mg, and 531 mg. Among those who achieved stabilization, only 10 (4%) experienced relapse. Of 183 participants treated for six or more months, 39 (21%) met criteria for remission, defined as maintaining a Positive and Negative Syndrome Scale score of 3 or lower for at least six consecutive months across eight specific remission items.
Separate analyses simulating switching scenarios found that initiating TEV-'749 one day after the last dose of oral or short-acting intramuscular olanzapine produced olanzapine exposures within established oral therapeutic ranges. An additional analysis found that the metabolic profile of TEV-'749 was consistent with daily oral olanzapine formulations, with no clear dose-dependent pattern observed.
"These findings further validate the long-term clinical profile of TEV-'749 and its potential to be a once-monthly subcutaneous injectable olanzapine treatment that can help support stabilization for people living with schizophrenia," said Eric Hughes, MD, PhD, Executive Vice President, Global R&D and Chief Medical Officer at Teva.
TEV-'749 is not currently approved by any regulatory authority. The FDA is expected to issue a PDUFA decision on TEV-'749 in Q4 2026. The European Medicines Agency accepted a Marketing Authorization Application for the drug in May 2026. TEV-'749 uses SteadyTeq, a copolymer technology licensed from Medincell that provides sustained release of olanzapine.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Bank of America adds two former CEOs to its board
- Cushman & Wakefield retires 2028 notes, topping $800M in debt repayment
- Tesla stock up as automotive gross margin improves, free cash flow turns positive
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, PDUFA, Mark Zuckerberg, FDA, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!





Tweet
Share