Teva (TEVA) Hits Session Lows as Biogen (BIIB) MS Pill Gains Approval

March 27, 2013 3:53 PM EDT
Shares of Teva (NYSE: TEVA) declined late on Wednesday after news broke that the FDA approved Biogen's (Nasdaq: BIIB) Tecfidera (dimethyl fumarate) capsules to treat adults with relapsing forms of multiple sclerosis (MS).

Shares of Teva are lower by over 1 percent.


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