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Actionable news in TEVA: TEVA PHARMACEUTICAL INDUSTRIES LIMITED AMERICAN DEPOSITARY SHARES,

Watch These Biotech Stocks as Teva-Allergan Deal Approved by Regulators

Expect no end from the wild ride in Biotech (IBB) stocks. On a macro level, the buyout of Medivation (MDVN) from Sanofi (SNY) will lift biotech stocks. Even Medivation rejecting the offer on grounds that the bid is too low will help the sector.

Investors will worry less about generic drug pricing if the deal for Teva Pharmaceuticals (TEVA) to buy Allergan’s (AGN) generic drugs unit...


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