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Pulmicort Generics Win a Negative for Teva, Canaccord Says

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April 2 (Bloomberg) -- U.S. court ruling allowing generic versions of AstraZeneca’s Pulmicort asthma treatment may spur 2% reduction in Teva EPS for 3 quarters and greater hit in 2014, Canaccord Genuity analysts led by Randall Stanicky wrote in e-mailed note. *Teva likely to lose royalty back to AstraZeneca *Teva reaffirmed hold, $45 pt **NOTE: AstraZeneca May Appeal U.S. Patent Ruling on Pulmicort Respules NSN MKMET76JTSEN <GO>

To contact the reporter on this story: Leslie Picker in New York at lpicker2@bloomberg.net

To contact the editor responsible for this story: Emma O’Brien at eobrien6@bloomberg.net