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European Medicines Agency Postpones Decision On Teva Pharmaceutical Industries Limited (TEVA)'s MS Pill Laquinimod


12/23/2013 7:34:40 AM

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The Committee for Medicinal Products for Human Use of the European Medicines Agency (EMA) decided on Friday to defer a decision on Laquinimod, an oral treatment for relapsing-remitting multiple sclerosis (RRMS). Laquinimod is being developed jointly by Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) and Swedish company Active Biotech. According to Active Biotech, the EMA will issue an opinion at its January, 2014 meeting. Press reports overseas state that the EMA spokesperson refused to provide further details, but said that the agency's experts were entitled to decide on a postponement of a decision of this kind if they saw a necessity to do so.

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