Monday, March 3, 2008

Teva Provides Update on Generic Actonel Litigation

Feb 29, 2008 - Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) announced today that the U.S. District Court for the District of Delaware has issued a decision in its litigation over the Company's Abbreviated New Drug Application (ANDA) to market its generic version of Procter & Gamble's Actonel(R) (Risedronate Sodium) Tablets, 5mg, 30mg and 35 mg. The Court found Procter & Gamble's U.S. Patent No. 5,538,122 to be valid. Teva intends to appeal this decision.

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