-
Reports: Teva weighing sale of women’s health unit
JERUSALEM — Teva Pharmaceuticals is considering a sale of its women’s health unit, which could earn the company $2 billion in proceeds, according to multiple news reports.
Teva is reportedly working with Morgan Stanley to find a buyer and could begin the process as early as May, reported Israeli newspaper Globes.
Teva acquired the women’s health division from Merck KGaA’s Merck Serono in 2010.
-
FDA approves Cipla’s HIV-1 generic
MUMBAI, India — Cipla received Food and Drug Administration approval for its Abbreviated New Drug Application for Abacavir and Lamivudine Tablets USP, 600 mg/300 mg, from the Abacavir and Lamivudine Tablets USP, 600 mg/300 mg, are AB-rated generic equivalents to the reference listed drug, Epzicom Tablets, 600 mg/300 mg of ViiV Healthcare and are indicated in combination with other antiretroviral agents for the treatment of HIV-1 infection.
Epzicom Tablets had sales of approximately $346.3 million for the 12-month period ended February 2017, according to IMS Health.