Teva Pharmaceutical Industries Ltd

TEVA: XNYS (USA)

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Teva: Addition to Neurology Portfolio Strengthens Foothold, Shows Appetite for Deals

Keonhee Kim

Oct 27, 2026

Teva will acquire BXCL501 from BioXcel Therapeutics for $57.5 million plus contingent payments of up to $67.5 million. Teva had announced its bid through a court-supervised sale process in August. Shares were up around 1% in Oct. 27 midday trading.

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Teva Pharmaceutical Industries Ltd

Teva: Addition to Neurology Portfolio Strengthens Foothold, Shows Appetite for Deals

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