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Strategies & Market Trends : Guidance and Visibility
AAPL 272.55-0.1%Nov 14 9:30 AM EST

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To: keithcray who wrote (10007)8/8/2001 3:23:59 PM
From: 2MAR$  Read Replies (1) of 208838
 
yup , added some longs

DJ Teva Pharma/FDA -2: For 15mg Buspirone Tablets >TEVA

NEW YORK (Dow Jones)--Teva Pharmaceutical Industries Ltd. (TEVA) received
tentative approval for 15-milligram Buspirone HCL Tablets from the Food and
Drug Administration.
Buspirone HCL tablets are the generic version of Bristol- Myers Squibb Co.'s
(BMY) Buspar for the treatment of anxiety with depression. Teva said annual
sales of the 15mg brand in the U.S. are estimated at $395 million.
In a press release Wednesday, the Israel-based pharmaceutical company said
it now has tentative approvals for 5mg, 10mg and 15mg of Buspirone HCL
tablets.
Currently other competitors have the rights to an exclusive marketing
period, which will end at the end of September, after which multiple
competitors may enter the market, Teva said.
Teva shares recently traded at $69.35, up $1.90, or 2.8%, on Nasdaq volume
of 431,300 shares. Average daily volume is 1.1 million share
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