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Teva shares slide on generic Copaxone fears

2015-04-20 00:21:19| Biotech - Topix.net

Teva Pharmaceutical Industries shares slid five percent on Sunday after U.S. regulators approved a generic version of its top-selling multiple sclerosis drug and amid reports it was mulling a bid for rival Mylan. Teva's Tel Aviv shares fell to 249.80 shekels late on Sunday, the first day of trading since both news hit the market on Thursday after Israel's market closed for the weekend.

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Category:Biotechnology and Pharmaceuticals

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