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UPDATE 1-U.S. FDA approves Teva's biotech drug for severe asthma

2016-03-23 21:16:09| Biotech - Topix.net

The U.S. Food and Drug Administration said on Wednesday it had approved Teva Pharmaceutical Industries Ltd's drug to treat asthma in adults who have a history of severe attacks despite taking medication. The drug, Cinqair, part of a new wave of biotech drugs for severe asthma, is administered intravenously every four weeks in combination with other drugs.

Tags: update drug severe biotech

 

Teva's Acquisition Program A Winner

2015-08-25 15:31:13| Biotech - Topix.net

Outstanding cash flow generation is a large part of the reason Teva has been able to transform its business through non-organic means. We like Teva's deal with Allergan a lot.

Tags: program winner acquisition acquisition program

 
 

Israeli life science firms seek help to follow Teva's lead

2015-07-08 18:22:36| Biotech - Topix.net

TEL AVIV: As Israel's biggest company Teva strives to get even bigger by swallowing up rival Mylan for more than US$40 billion, further down the food chain a raft of upstart life science firms are struggling to climb onto the global ladder. Now the government is starting to take notice, urged on by influential advocates, including Teva Pharmaceutical Industries' own boss, who says the country's economic future depends on replicating his company's success.

Tags: life science follow lead

 

Mylan rejects Teva's $40 billion offer

2015-04-27 17:20:55| Biotech - Topix.net

Mylan NV rejected Teva Pharmaceutical Industries Ltd's unsolicited $40 billion takeover offer on Monday, but left the door open for talks. "Our board will certainly not consider engaging in discussions to sell the company unless the starting point of the discussions is significantly in excess of $100 per share," Mylan said.

Tags: offer billion rejects mylan

 

FDA approves Teva's generic version of AstraZeneca's Nexium

2015-01-27 00:13:34| Biotech - Topix.net

The U.S. Food and Drug Administration said it approved Teva Pharmaceutical Industries Ltd's generic version of AstraZeneca Plc's blockbuster heartburn drug Nexium, the agency's first such approval for the drug. The approval comes as generic drugmakers scramble to get their versions to the market and AstraZeneca is taken to court over so-called "pay-for-delay" settlements to delay the launch of generics to protect its drug's exclusivity.

Tags: version generic fda approves

 

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