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    Teva Launches Authorized Generic of Cubicin®

    Chelsea Pratt
    Sep. 15, 2016 07:07AM PST
    Life Science Investing News

    Teva Pharmaceutical Industries today announced the launch of an authorized generic of Cubicin®1 (daptomycin for injection) 500 mg per vial in the United States.

    JERUSALEM–(BUSINESS WIRE)–Teva Pharmaceutical Industries Ltd., (NYSE and TASE:TEVA) today announced the launch of an authorized generic of Cubicin®1
    (daptomycin for injection) 500 mg per vial in the United States.
    Daptomycin for injection is an antibacterial drug indicated in adults
    for the treatment of complicated skin and skin structure infections
    (cSSSI) caused by susceptible isolates of the following Gram-positive
    bacteria: Staphylococcus aureus (including methicillin-resistant
    isolates), Streptococcus pyogenes, Streptococcus agalactiae,
    Streptococcus dysgalactiae subspecies equisimilis, and Enterococcus
    faecalis
    (vancomycin-susceptible isolates only).
    Daptomycin for injection is indicated in adults for the treatment of Staphylococcus
    aureus
    bloodstream infections (bacteremia), including those with
    right-sided infective endocarditis, caused by methicillin-susceptible
    and methicillin-resistant isolates.
    Daptomycin for injection is not indicated for the treatment of
    pneumonia. Daptomycin for injection is not indicated for the treatment
    of left-sided infective endocarditis (LIE) due to S. aureus.
    Daptomycin for injection has not been studied in patients with
    prosthetic valve endocarditis.
    To reduce the development of drug-resistant bacteria and maintain the
    effectiveness of daptomycin for injection and other antibacterial drugs,
    daptomycin for injection should be used only to treat infections that
    are proven or strongly suspected to be caused by susceptible bacteria.
    When culture and susceptibility information is available, it should be
    considered in selecting or modifying antibacterial therapy. In the
    absence of such data, local epidemiology and susceptibility patterns may
    contribute to the empiric selection of therapy. Empiric therapy may be
    initiated while awaiting test results.
    Teva remains committed to strengthening its generic injectable business
    globally with continued investment in newer, higher-value generic
    injectable products. Teva currently has 338 product registrations
    pending FDA approval and holds the leading position in first-to-file
    opportunities, with over 100 pending first-to-files in the U.S.
    Currently, 1-in-5 generic prescriptions dispensed in the U.S. is filled
    with a Teva generic product.
    Daptomycin for injection had annual sales of approximately $1.2 billion
    in the United States, according to IMS data as of July 2016.
    Selected Important Safety Information
    Anaphylaxis/hypersensitivity reactions, which may be
    life-threatening, have been reported with daptomycin for injection use.
    If an allergic reaction occurs, discontinue daptomycin for injection and
    treat appropriately.
    Myopathy and rhabdomyolysis have been reported with daptomycin
    for injection use. Monitor for muscle pain or weakness, particularly of
    the distal extremities. Monitor creatine phosphokinase (CPK) levels
    weekly and more frequently in patients with CPK elevations while on
    daptomycin for injection treatment and in those who received recent
    prior or concomitant HMG-CoA reductase inhibitors. In patients with
    renal impairment, monitor renal function and CPK levels more than once
    weekly. Discontinue daptomycin for injection in patients with
    unexplained signs and symptoms of myopathy with CPK levels >1,000 U/L
    (~5× ULN), and in patients without symptoms and CPK levels >2,000 U/L
    (≥10× ULN). In addition, consider temporarily suspending agents
    associated with rhabdomyolysis, such as HMG-CoA reductase inhibitors.
    Eosinophilic pneumonia has been reported with daptomycin for
    injection use. Promptly evaluate patients who develop fever, dyspnea
    with hypoxic respiratory insufficiency, and diffuse pulmonary
    infiltrates and discontinue daptomycin for injection immediately.
    Treatment with systemic steroids is recommended. Recurrence of
    eosinophilic pneumonia upon re-exposure has been reported.
    Peripheral neuropathy has been reported with daptomycin for
    injection use. Monitor for signs and symptoms of peripheral neuropathy.
    Potential nervous and/or muscular system effects in patients younger
    than 12 months:
    Avoid use of daptomycin for injection in patients
    younger than 12 months due to the risk of potential effects on muscular,
    neuromuscular, and/or nervous systems (either peripheral and/or central)
    observed in neonatal dogs.
    Clostridium difficile-associated diarrhea (CDAD),
    ranging from mild diarrhea to fatal colitis, has been reported with
    nearly all systemic antibacterial agents, including daptomycin for
    injection. Evaluate all patients who present with diarrhea following
    antibacterial use. Careful medical history is necessary because CDAD has
    been reported to occur more than two months after the administration of
    antibacterial agents. If CDAD is suspected or confirmed, antibacterial
    use not directed against C. difficile should be discontinued, if
    possible.
    Patients with persisting or relapsing S. aureus bacteremia/endocarditis,
    possibly due to reduced daptomycin susceptibility, or poor clinical
    response should have repeat blood cultures. Appropriate surgical
    intervention and/or change in antibacterial regimen may be required.
    Failure of treatment due to persisting or relapsing S. aureus bacteremia/endocarditis
    may be due to reduced daptomycin susceptibility.
    In the cSSSI and S. aureus bacteremia/endocarditis trials, decreased
    efficacy was observed in daptomycin for injection-treated patients with
    moderate baseline renal impairment (CrCL <50 mL/min).
    Adverse Reactions: The most clinically significant adverse
    reactions observed with daptomycin for injection 4 mg/kg (cSSSI trials)
    and 6 mg/kg (S. aureus bacteremia/endocarditis trial) were
    abnormal liver function tests, elevated CPK, and dyspnea.
    CrCL=creatinine clearance; HMG-CoA=3-hydroxy-3-methylglutaryl-coenzyme
    A; ULN=upper limit of normal.
    For more information, please see the accompanying Full
    Prescribing Information
    .
    About Teva
    Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a leading
    global pharmaceutical company that delivers high-quality,
    patient-centric healthcare solutions used by millions of patients every
    day. Headquartered in Israel, Teva is the world’s largest generic
    medicines producer, leveraging its portfolio of more than 1,800
    molecules to produce a wide range of generic products in nearly every
    therapeutic area. In specialty medicines, Teva has a world-leading
    position in innovative treatments for disorders of the central nervous
    system, including pain, as well as a strong portfolio of respiratory
    products. Teva integrates its generics and specialty capabilities in its
    global research and development division to create new ways of
    addressing unmet patient needs by combining drug development
    capabilities with devices, services and technologies. Teva’s net
    revenues in 2015 amounted to $19.7 billion. For more information, visit www.tevapharm.com.
    Teva’s Safe Harbor Statement under the U. S. Private Securities
    Litigation Reform Act of 1995:

    This release contains forward-looking statements, which are based on
    management’s current beliefs and expectations and involve a number of
    known and unknown risks and uncertainties that could cause our future
    results, performance or achievements to differ significantly from the
    results, performance or achievements expressed or implied by such
    forward-looking statements. Important factors that could cause or
    contribute to such differences include risks relating to: our ability to
    develop and commercialize additional pharmaceutical products;
    competition for our specialty products, especially Copaxone® (which
    faces competition from orally-administered alternatives and a generic
    version); our ability to integrate Allergan plc’s worldwide generic
    pharmaceuticals business (“Actavis Generics”) and to realize the
    anticipated benefits of the acquisition (and the timing of realizing
    such benefits); the fact that following the consummation of the Actavis
    Generics acquisition, we are dependent to a much larger extent than
    previously on our generic pharmaceutical business; potential
    restrictions on our ability to engage in additional transactions or
    incur additional indebtedness as a result of the substantial amount of
    debt incurred to finance the Actavis Generics acquisition; the fact that
    for a period of time following the Actavis Generics acquisition, we will
    have significantly less cash on hand than previously, which could
    adversely affect our ability to grow; the possibility of material fines,
    penalties and other sanctions and other adverse consequences arising out
    of our ongoing FCPA investigations and related matters; our ability to
    achieve expected results from investments in our pipeline of specialty
    and other products; our ability to identify and successfully bid for
    suitable acquisition targets or licensing opportunities, or to
    consummate and integrate acquisitions; the extent to which any
    manufacturing or quality control problems damage our reputation for
    quality production and require costly remediation; increased government
    scrutiny in both the U.S. and Europe of our patent settlement
    agreements; our exposure to currency fluctuations and restrictions as
    well as credit risks; the effectiveness of our patents, confidentiality
    agreements and other measures to protect the intellectual property
    rights of our specialty medicines; the effects of reforms in healthcare
    regulation and pharmaceutical pricing, reimbursement and coverage;
    competition for our generic products, both from other pharmaceutical
    companies and as a result of increased governmental pricing pressures;
    governmental investigations into sales and marketing practices,
    particularly for our specialty pharmaceutical products; adverse effects
    of political or economic instability, major hostilities or acts of
    terrorism on our significant worldwide operations; interruptions in our
    supply chain or problems with internal or third-party information
    technology systems that adversely affect our complex manufacturing
    processes; significant disruptions of our information technology systems
    or breaches of our data security; competition for our specialty
    pharmaceutical businesses from companies with greater resources and
    capabilities; the impact of continuing consolidation of our distributors
    and customers; decreased opportunities to obtain U.S. market exclusivity
    for significant new generic products; potential liability in the U.S.,
    Europe and other markets for sales of generic products prior to a final
    resolution of outstanding patent litigation; our potential exposure to
    product liability claims that are not covered by insurance; any failure
    to recruit or retain key personnel, or to attract additional executive
    and managerial talent; any failures to comply with complex Medicare and
    Medicaid reporting and payment obligations; significant impairment
    charges relating to intangible assets, goodwill and property, plant and
    equipment; the effects of increased leverage and our resulting reliance
    on access to the capital markets; potentially significant increases in
    tax liabilities; the effect on our overall effective tax rate of the
    termination or expiration of governmental programs or tax benefits, or
    of a change in our business; variations in patent laws that may
    adversely affect our ability to manufacture our products in the most
    efficient manner; environmental risks; and other factors that are
    discussed in our Annual Report on Form 20-F for the year ended December
    31, 2015 and in our other filings with the U.S. Securities and Exchange
    Commission (the “SEC”). Forward-looking statements speak only as of the
    date on which they are made and we assume no obligation to update or
    revise any forward-looking statements or other information, whether as a
    result of new information, future events or otherwise.
    1 Cubicin® is a registered trademark of Merck Sharp & Dohme
    Corp.

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