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Teva launches generic ADHD drug in US

Posted on: Fri, 03 Apr 2009 13:07:00 EDT

Symbols: TEVA, SHPGY

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Apr 03, 2009 (Datamonitor via COMTEX) --
TEVA | Quote | Chart | News | PowerRating -- Teva Pharmaceutical Industries, a generic pharmaceutical company, has commenced commercial shipment of its generic version of Shire Pharmaceuticals's Adderall XR capsules, 5mg, 10mg, 15mg, 20mg, 25mg and 30mg.

Teva's generic Adderall XR capsules are indicated for the treatment of attention deficit hyperactivity disorder (ADHD).

In August 2006, Teva's subsidiary Barr Pharmaceuticals entered into a licensing agreement with Shire as part of a settlement of patent litigation between the parties. Under this agreement, Shire granted the company the exclusive right to sell a generic version of Adderall XR capsules for 180 days from the date of commercial launch.

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For full details on Teva Pharm Ind (TEVA) TEVA. Teva Pharm Ind (TEVA) has Short Term PowerRatings at TradingMarkets. Details on Teva Pharm Ind (TEVA) Short Term PowerRatings is available at This Link.

For full details on Shire Pharma Grp Plc Ads (SHPGY) SHPGY. Shire Pharma Grp Plc Ads (SHPGY) has Short Term PowerRatings at TradingMarkets. Details on Shire Pharma Grp Plc Ads (SHPGY) Short Term PowerRatings is available at This Link.

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