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SMALL BUSINESS
Teva gets FDA approval for generic Prevacid
AP
NEW YORK -Teva Pharmaceutical Industries Ltd. said Tuesday the Food and Drug Administration approved its generic version of the heartburn drug Prevacid.
Teva will sell 15-milligram and 30-milligram delayed-release capsule versions of the drug.
Teva said the branded version of Prevacid had sales of about $2.97 billion in the 12 months ended June 30.
Shares of Israel-based Teva fell 43 cents to close at $52.77.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-11-10 16:43:00
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