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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