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Fitch upgrades Teva to investment grade BBB- on strong growth and financial progress

Market News
18 May 2026
GlobeNewsWire
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Bullish
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Fitch Ratings has upgraded Teva Pharmaceutical Industries Ltd.'s corporate credit rating to BBB- from BB+, reflecting confidence in Teva's Pivot to Growth strategy and improved financial flexibility. The upgrade also applies to Teva's senior unsecured debt and credit facilities. Fitch highlights Teva's growth in innovative and biosimilar products, including AUSTEDO®, AJOVY®, and new launches like UZEDY®, as well as expected margin improvements and strong cash flow. This marks Teva's third Fitch upgrade in under two years, signaling a positive outlook for its financial health and business transformation.

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