FDA approves Teva's Glimepiride tablets

Glimepiride tablets are the AB-rated generic equivalent of Aventis' antidiabetic agent Amaryl tablets.

Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA; TASE: TEVA) announced today that the US Food and Drug Administration has granted final approval for the company's ANDA for Glimepiride tablets, 1 mg, 2 mg and 4 mg.

Shipment of this product will begin immediately.

Teva's Glimepiride tablets are the AB-rated generic equivalent of Aventis' antidiabetic agent Amaryl tablets.

Teva stated that the brand product has US annual sales of approximately $350 million.

Published by Globes [online], Israel business news - www.globes.co.il - on Thursday, October 06, 2005

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