Teva's Generic Asthma Drug Approved

The Food and Drug Administration approved Teva Pharmaceutical Industries Ltd.'s (Nasdaq: TEVA) generic version of AstraZeneca's (Nasdaq: AZN) asthma drug Pulmicort. Shares of Teva rose 93 cents to $43.12 while AstraZeneca stock plummeted $3.92 to $38.05.

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