Teva Pharmaceutical Industries (NYSE:TEVA) received some bad news last week after its oral multiple sclerosis drug laquinimod received a negative opinion by the EU's CHMP. In this video, Motley Fool health-care analyst Max Macaluso takes a look at what this decision means for Teva today, and where the company needs to strategically go from here following this decision.

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Max Macaluso, Ph.D. has no position in any stocks mentioned. The Motley Fool recommends Teva Pharmaceutical Industries. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.