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Tuesday, March 3, 2026
Teva, Blackstone Life Sciences sign $400M funding deal for phase 3 IBD drug duvakitug
Four-year strategic funding backs phase 3 development of TL1A antibody duvakitug for inflammatory bowel disease indications.
In return, Blackstone Life Sciences will receive future milestones and low single-digit royalties on worldwide sales.
https://finviz.com/quote.ashx?t=TEVA&p=d
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