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Biotech / Medical : Teva Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: Gary105 who wrote (131)11/25/1997 1:26:00 AM
From: James Silverman  Respond to of 340
 
Not really a strategic advantage. Basically this change is designed to align Israeli patent rules with the rest of the world. Currently, Teva can't begin to work on a generic (for the israeli market) until its patent expires-which naturally adds to the life of the relevant patent in Israel. In the US, generic companies can work on and file ANDA's for generics before a patent expires, with approvals possible upon expiration. So in short this is just designed to conform with the US.