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Teva Pharmaceutical Industries Limited (TEVA) Announces Approval of Generic Effexor XR(R)


6/29/2010 9:34:28 AM

JERUSALEM--(BUSINESS WIRE)--Teva Pharmaceutical Industries Ltd. (Nasdaq:TEVA) announced today U.S. Food and Drug Administration (FDA) approval of Venlafaxine HCl ER Capsules, the Company’s generic version of Wyeth’s antidepressant Effexor XR®. Shipment is expected to commence on July 1, 2010, as per the terms of the 2006 agreement with Wyeth.

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