Teva (TEVA) Wins FDA Approval for First Generic Version of Forest Labs' (FRX) Lexapro for Depression -Bloomberg

March 14, 2012 1:59 PM EDT
Bloomberg reporting Teva (Nasdaq: TEVA) has just won FDA approval for the first generic version of Forest Lab's (NYSE: FRX) lexapro for depression. The company will have 180 days to exclusively sell the product.

While Teva shares are mostly unchanged, Forest Labs (NYSE: FRX) have given up gains following the headlines.


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