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-0.00152299725860485 -0.0030459945172097 -0.00365519342065177 -0.00548279013097776 0.00700578738958282 0.00517819067925683 0 -0.000609198903441853
Stock impact report

Lumicera Secures Purchase Agreement for Stelara® Biosimilar, Delivering Major Cost Savings [Yahoo! Finance]

Teva Pharmaceutical Industries Limited American Depositary Shares (TEVA) 
Last teva pharmaceutical industries limited american depositary shares earnings: 2/13 04:01 pm Check Earnings Report
US:NYSE Investor Relations: ir.tevapharm.com
Company Research Source: Yahoo! Finance
MADISON, Wis., March 13, 2025 BUSINESS WIRE Lumicera Health Services announced today it has secured a purchase agreement with Anda, Inc., an independent wholly owned subsidiary of Teva Pharmaceutical Industries Ltd., for a lower-priced biosimilar version of Stelara ® (ustekinumab). Stelara ranks as one of the most expensive prescription drugs on the market . Under this agreement, Lumicera's discounted net acquisition cost for the unbranded biosimilar (ustekinumab-aekn) is estimated to generate $120 million in annualized savings for clients. These savings will be accessed immediately through Lumicera's pass-through, acquisition cost-plus model, not delayed through a rebated model. Plan sponsors will save between $112,000 an Read more
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