Skip to navigation » Skip to content »

Teva gets FDA approval for generic Prevacid

Related Quotes
Symbol Price Change
TEVA 52.81 +0.37
^GSPC 1,095.95 +4.01
^IXIC 2,183.73 +10.74

NEW YORK – Teva Pharmaceutical Industries Ltd. said Tuesday the Food and Drug Administration approved its generic version of the heartburn drug Prevacid.

Teva will sell 15-milligram and 30-milligram delayed-release capsule versions of the drug.

Teva said the branded version of Prevacid had sales of about $2.97 billion in the 12 months ended June 30.

Shares of Israel-based Teva fell 43 cents to close at $52.77.