JPMorgan analyst Chris Schott said the USPTO invalidating two Copaxone 40mg patents is the first step towards a potential 2017 or 2018 generic launch and a "clear positive" for Momenta (MNTA), which he views as the most likely near-term generic threat to the 40mg dose of the drug. For patent holder Teva (TEVA), however, he does not see this as a meaningful setback, noting that his estimates already reflected expectations for competition in 2017. The firm has Overweight ratings on both Momenta and Teva shares.

Teva Pharmaceuticals announced final results from the HD cohort of the Phase 4 START study, demonstrating positive real-world effectiveness, safety, adherence and satisfaction with the 4-week Titration Kit for AUSTEDO. As a fatal, neurodegenerative disease, HD can cause cognitive deterioration, behavioral and/or psychological problems and uncontrollable body movements known as chorea - a symptom that can have a significant impact on daily activities like eating or talking.3-5 These data are being presented at the 2024 American Academy of Neurology AAN Annual Meeting. "90% of HD patients experience chorea,3,4 so it's important for patients to have a treatment option that not only helps address symptoms, but helps provide a positive patient experience," said Eric Hughes, MD, PhD, Executive Vice President of Global R&D and Chief Medical Officer at Teva. "We remain committed to exploring ways to evolve the AUSTEDO treatment experience to meet the needs of the HD community, and these latest real-world data reinforce the role of the 4-week Titration Kit for AUSTEDO in empowering patients with HD chorea to find their optimal dose, adhere consistently to their treatment plan, and achieve effective outcomes."