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Teva Completes Acquisition of Labrys

July 21, 2014 8:15 am | News | Comments

The acquisition of Labrys brings to Teva LBR-101, a fully humanized monoclonal antibody that binds to calcitonin gene-related peptide (CGRP), which is currently in Phase IIb clinical trials for prevention of chronic and episodic migraine.  

Arena Pharmaceuticals to Market and Supply BELVIQ in Israel

July 21, 2014 8:12 am | News | Comments

Arena Pharmaceuticals, Inc. today announced that its wholly owned subsidiary, Arena...

FDA Approves Expanded Label for AZILECT®

June 9, 2014 8:14 am | News | Comments

Teva Pharmaceutical Industries today announced the U.S. Food and Drug Administration (FDA) has...

Chicago Sues Over Painkiller Marketing

June 3, 2014 3:39 pm | by CARLA K. JOHNSON, AP Medical Writer | News | Comments

The lawsuit filed Monday in Cook County Circuit Court states the city has paid nearly $9.5...

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Teva to Acquire Labrys Biologics

June 3, 2014 8:15 am | News | Comments

Teva will acquire Labrys for $200 million in upfront payment in cash at closing as well as up to $625 million in contingent payments upon achievement of certain pre-launch milestones. Potential peak sales for LBR-101 are estimated to reach $2 to $3 billion.

Teva Announces New Organizational Structure and Senior Leadership Changes

June 2, 2014 3:47 pm | News | Comments

Teva Pharmaceutical Industries has announced a new organizational structure and related executive positions, designed to achieve seamless global integration, focus and effectiveness across the company. The changes will become effective July 1st.

FDA Approves First Generic Versions of Celecoxib

May 30, 2014 4:10 pm | News | Comments

The FDA today approved the first generic versions of Celebrex (celecoxib) capsules, a treatment for rheumatoid arthritis, osteoarthritis, short-term (acute) pain, and other conditions.           

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Teva Receives FDA Approval for QVAR® with Dose Counter

May 23, 2014 8:36 am | News | Comments

Teva Pharmaceutical Industries announced that the FDA has approved the use of QVAR® (beclomethasone dipropionate HFA) with a dose counter for the ongoing treatment of asthma as a preventative therapy in patients five years of age and older.

California Counties Sue Over Painkiller Marketing

May 22, 2014 3:18 pm | by PAUL ELIAS, Associated Press | News | Comments

Two California counties have filed a lawsuit accusing five drug companies of waging a campaign of deception to boost the sales of painkillers behind the nation's prescription drug addiction problem.         

FDA Approves Teva’s SYNRIBO® for Injection for Home Administration

May 5, 2014 8:18 am | News | Comments

Teva Pharmaceutical has announced that the FDA has approved SYNRIBO® (omacetaxine mepesuccinate) for injection, for subcutaneous use, to include home administration, and also approved a related Medication Guide and Instructions for Use.   

Actavis Sues FDA Regarding Delay of Generic Celebrex Approval

April 29, 2014 8:29 am | News | Comments

Actavis announced that its subsidiary, Watson Laboratories, Inc., has filed suit against the FDA challenging the Agency's decision regarding its entitlement to shared 180-day marketing exclusivity for its generic version of Celebrex (celecoxib) 50 mg, 100 mg, 200 mg and 400 mg capsules.

Teva and Takeda to Commercialize Rasagiline for Parkinson’s Disease Treatment in Japan

April 28, 2014 8:18 am | News | Comments

Developed by Teva, rasagiline tablets are approved in over 40 countries for the treatment of Parkinson’s disease. Teva developed this product and received its first approval in 2005 in Israel and Europe, and is currently working towards the acquisition of marketing approval of this product in Japan.

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Court Declines to Block Drug Ruling in Patent Case

April 18, 2014 4:35 pm | by The Associated Press | News | Comments

The Supreme Court has declined to temporarily block a lower court ruling that opens the world's best-selling multiple sclerosis drug to competition from generic rivals. The order Friday from Chief Justice John Roberts is a victory for rivals challenging the maker of the drug Copaxone, Teva...

Teva Launches Generic Fish Oil Drug

April 8, 2014 11:38 am | by Associated Press | News | Comments

Teva Pharmaceutical Industries said Tuesday it is now selling a generic version of the heart medication Lovaza, which is used to treat high triglyceride levels.                        

Supreme Court Takes Up Drug Company Dispute

March 31, 2014 10:11 am | News | Comments

The justices agreed Monday to hear an appeal from Teva Pharmaceutical Industries Ltd., which claims the U.S. Court of Appeals for the Federal Circuit wrongly overturned five of its patents for the drug Copaxone.      

Court Upholds Mylan's Patents on Perforomist Inhalation Solution

March 25, 2014 7:26 am | News | Comments

Mylan Inc. has announced the United States District Court for the Northern District of West Virginia issued a decision upholding the validity of all patents asserted by Mylan, protecting Perforomist (formoterol fumarate) Inhalation Solution.

South Carolina's Suit to Recover Millions From Cephalon to Move Forward

March 10, 2014 8:12 am | News | Comments

The South Carolina Court of Common Pleas, Fifth Judicial Circuit has issued a ruling that will allow the State of South Carolina to move forward with efforts to hold pharmaceutical giant, Cephalon, Inc., a subsidiary of Teva Pharmaceutical Industries Ltd., accountable for overpayments by the State Health Plan.

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Generic Evista® Tablets 60 mg Approved in the United States

March 4, 2014 9:42 am | News | Comments

Teva Pharmaceutical has announced the approval of the generic equivalent to Evista® (Raloxifene) Tablets, 60 mg, in the United States. Teva was first to file, making the product eligible for 180 days of marketing exclusivity.    

ADASUVE® Launched in U.S.

March 3, 2014 11:46 am | News | Comments

Teva Pharmaceutical announced today the commercial launch of ADASUVE ® (loxapine) inhalation powder 10 mg, the first and only orally inhaled medicine for the acute treatment of agitation associated with schizophrenia or bipolar I disorder in adults.

NY Settles Probe of Generic Drug Manufacturers

February 20, 2014 7:59 am | News | Comments

New York's attorney general has announced a settlement with generic drug manufacturers Ranbaxy Pharmaceuticals and Teva Pharmaceuticals USA intended to ensure they don't collude to restrict competition.        

Teva Says US is Investigating Copaxone Marketing

February 10, 2014 11:12 am | by The Associated Press | News | Comments

Teva Pharmaceutical Industries says the federal government is investigating its marketing of its multiple sclerosis drug Copaxone and Parkinson's disease treatment Azilect. The Israeli drugmaker says the U.S. Attorney's Office for the Southern District of New York wants it to provide documents related to the marketing of the drugs from Jan. 1, 2006, to the present.

Teva Reports Fourth Quarter and Full Year 2013 Results

February 7, 2014 8:14 am | News | Comments

Revenues for the three months ended December 31, 2013, were $5.4 billion, an increase of 3% compared to the fourth quarter of 2012. In local currency terms, revenues increased 4%. The increase was primarily attributable to higher sales of generic medicines in the U.S. and higher revenues from global specialty medicines business, as well as higher sales of OTC products.

Teva and Active Biotech to Continue Development of NERVENTRA® for MS

January 24, 2014 8:52 am | News | Comments

Teva Pharmaceutical and Active Biotech announced today that both companies remain committed to the NERVENTRA ® clinical development program for multiple sclerosis (MS) following the announcement of a negative opinion for the treatment of relapsing-remitting multiple sclerosis by the Committee for Medicinal Products for Human Use of the European Medicines Agency.

NuPathe Terminates Agreement With Endo and Enters Into Agreement to Be Acquired by Teva

January 21, 2014 8:06 am | News | Comments

NuPathe Inc. today announced that it has terminated its agreement and plan of merger with Endo Health Solutions and has also entered into an agreement and plan of merger with Teva Pharmaceutical Industries.      

Teva Names Erez Vigodman as President and CEO

January 9, 2014 8:17 am | News | Comments

Teva Pharmaceutical Industries Ltd today announced that Erez Vigodman, 54, has been appointed President and Chief Executive Officer, effective February 11, 2014. Mr. Vigodman will succeed acting President and CEO Eyal Desheh, who will return to his previous position as Group EVP and Chief Financial Officer of the company.

Pfizer, Teva Reach Deal to Allow Generic Viagra

December 17, 2013 2:38 pm | by The Associated Press | News | Comments

Pfizer has reached a settlement with Teva Pharmaceuticals that allows the generic drugmaker to launch a copycat version of its popular erectile dysfunction drug Viagra in 2017.            

FDA Approves First Generic Versions of Antidepressant Drug Cymbalta

December 11, 2013 4:17 pm | News | Comments

The FDA has approved the first generic versions of Cymbalta (duloxetine delayed-release capsules), a prescription medicine used to treat depression and other conditions.            

Teva's 2014 Outlook Depends on Copaxone Exclusivity

December 10, 2013 8:25 am | News | Comments

To provide more clarity and transparency regarding its projections for 2014, given the significant uncertainty concerning possible generic competition to Copaxone ® in the U.S., Teva is providing two alternative scenarios for its current non-GAAP financial outlook for the year.

Teva to Pay $718M in Israeli Taxes

November 12, 2013 8:45 am | News | Comments

Israel's Teva Pharmaceuticals Industries Ltd. says it has reached an agreement with the country's tax authority to pay roughly $718 million to settle a series of claims against the drug maker. The money will settle tax assessments on "trapped profits," earnings that result from special corporate tax breaks, and pay separate back taxes.

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