March 31, 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 TAP Pharmaceutical Products Inc.'s Prevacid(R) (Lansoprazole) Delayed Release Capsules, 15 mg and 30 mg., holding that U.S. Patent No. 4,628,098 is valid and enforceable. Teva plans to appeal this decision.
As soon as I will get the details of the case I will post that.
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