The Top Line Teva’s CEO shares ‘Pivot to Growth’ progress
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Jun 27, 2025 Richard Francis, Teva's President and CEO, discusses his transformative journey at the helm. Over two and a half years, he has driven a 'Pivot to Growth' strategy, navigating challenges to achieve nine quarters of growth. Francis highlights Teva's innovative medicines like Austedo and Ajovy aimed at unmet medical needs, while also addressing the importance of expanding generics and biosimilars internationally. With a focus on modernization and a $700 million cost reduction, he shares insights into fostering long-term growth and staying committed to patient care.
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The Power of Strategic Focus
- Focusing and prioritizing is key to managing a global diversified company like Teva.
- Clear strategy and alignment help allocate resources effectively and drive transformation.
Ambitious Growth in Innovation
- Teva expects over $5 billion in innovative drug sales by 2030 driven by portfolio growth.
- Products like Esteto, Ajovi, and Yoseti are transformational and address unmet medical needs.
Bridging Treatment Gaps
- Educate patients and caregivers through direct-to-consumer campaigns to identify symptoms early.
- Train physicians to diagnose and treat tardive dyskinesia to close the treatment gap.