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February 10, 2016 8:13 PM ET

Pharmaceuticals

Company Overview of Teva Pharmaceuticals USA, Inc.

Company Overview

Teva Pharmaceuticals USA, Inc. manufactures and markets generic drugs in the United States. It offers generic products for various therapeutic options, such as cardiovascular, anti-infective, central nervous system, anti-inflammatory, oncolytic, anti-diabetic, analgesic, dermatologic, respiratory, and women’s health. The company offers its products in various dosage forms, such as tablets, capsules, injectables, creams, ointments, inhalants, solutions, and suspensions. It serves patients through distributors. Teva Pharmaceuticals USA, Inc. was formerly known as Lemmon Pharmacal Company and changed its name to Teva Pharmaceuticals USA, Inc. in 1996. The company was founded in 1945 and is base...

1090 Horsham Road

North Wales, PA 19454

United States

Founded in 1945

Phone:

215-591-3000

Fax:

215-591-8600

Key Executives for Teva Pharmaceuticals USA, Inc.

Chief Executive Officer of Teva North America and President of Teva North America
Age: 67
Vice President of Government Affairs
Vice President of Government Affairs
Vice President of Government Affairs
Vice President of Government Affairs
Compensation as of Fiscal Year 2015.

Teva Pharmaceuticals USA, Inc. Key Developments

United Therapeutics Corporation and Teva Pharmaceuticals USA, Inc. Enter into Settlement Agreement to Settle Ongoing Litigation Concerning Certain Patents Relating to Remodulin (treprostinil) Injection (Remodulin) and Teva's Abbreviated New Drug Application

On January 15, 2016, United Therapeutics Corporation and Teva Pharmaceuticals USA Inc. entered into a settlement agreement to settle their ongoing litigation concerning certain patents relating to Remodulin (treprostinil) Injection (Remodulin) and Teva's Abbreviated New Drug Application (ANDA) seeking approval by the U.S. Food and Drug Administration (FDA) to market a generic version of Remodulin. The settlement agreement relates to a lawsuit filed by the Company against Teva alleging infringement of U.S. Patent Nos. 6,765,117, 7,999,007, 8,497,393, 8,653,137 and 8,658,694. This action is described in further detail in Part II, Item 1 of the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2015, filed with the U.S. Securities and Exchange Commission (SEC) on October 27, 2015. Under the settlement agreement, the company grants Teva a non-exclusive license beginning on December 23, 2018 to manufacture and commercialize in the United States the generic version of Remodulin described in Teva's ANDA filing, although Teva may be permitted to enter the market earlier under certain circumstances. The Settlement Agreement does not grant Teva a license to manufacture a generic version of any other Company product, such as Tyvaso (treprostinil) Inhalation Solution or Orenitram (treprostinil) Extended-Release Tablets, nor does it grant any rights with respect to any technology associated with the Remodulin Implantable System being developed by the Company and Medtronic Inc., or the pre-filled semi-disposable pump system being developed by the Company and DEKA Research & Development Corp. The Settlement Agreement does not grant Teva any rights other than those required to launch Teva's generic version of Remodulin. In accordance with the terms of the settlement agreement, the parties will submit the Settlement Agreement to the U.S. Federal Trade Commission and the U.S. Department of Justice for review. They will also take certain procedural steps to terminate the outstanding lawsuit.

U.S. District Court Rules in Favor of Helsinn Healthcare S.A. in Lawsuit Filed Against Teva Pharmaceuticals USA, Inc. and Teva Pharmaceutical Industries, Ltd

Eisai Co. Ltd. announced that the U.S. District Court for the District of New Jersey has ruled in favor of Helsinn Healthcare S.A. in the patent infringement lawsuit for antiemetic agent ALOXI (palonosetron hydrochloride) brought by Helsinn together with Roche Palo Alto LLC (Roche) against Teva Pharmaceuticals USA, Inc. and Teva Pharmaceutical Industries Ltd. (collectively 'Teva') in the United States, where it was determined that certain formulation patent claims for ALOXI are valid and infringed. In this decision which concerns Teva, the court ruled that the patent claims at issue are valid and are infringed. The term of these formulation patent rights plus pediatric exclusivity currently provides coverage for ALOXI through to July 30, 2024, subject to any appeal.

Teva Pharmaceuticals USA, Inc. Presents at BioNetwork Partnering Summit, Oct-26-2015 09:00 AM

Teva Pharmaceuticals USA, Inc. Presents at BioNetwork Partnering Summit, Oct-26-2015 09:00 AM. Venue: The Ritz-Carlton, Laguna Niguel, California, United States. Speakers: Michael Bayewitch, Director, Search & Evaluation, Biologics.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 5, 2015
Teva Pharmaceuticals, Abbreviated New Drug Application for Flecainide Acetate
 

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