Wednesday, January 2, 2008

Teva Announces Approval of Generic DuoNeb

JERUSALEM--(BUSINESS WIRE)--Jan 2, 2008 - Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) announced today that the U.S. Food and Drug Administration (FDA) has granted final approval for the Company's Abbreviated New Drug Application (ANDA) to market its generic version of Dey's bronchodilator, DuoNeb(R) (Albuterol Sulfate and Ipratropium Bromide) Inhalation Solution, 3 mg (0.083%) and 0.5 mg (0.017%). Shipment of the product will begin immediately.

The brand product had annual sales of approximately $265 million in the United States for the twelve months ended September 30, 2007, based on IMS sales data.

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