JERUSALEM--(BUSINESS WIRE)--May 1, 2006--Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA - News) announced today that the U.S. District Court for the District of Columbia has granted Teva's motion for summary judgment on the issue of whether Ivax's Abbreviated New Drug Application (ANDA) to market a generic version of Merck's Zocor® (Simvastatin) Tablets, 10, 20, and 40 mgs is entitled to 180-day Hatch-Waxman statutory exclusivity. The Court found unlawful the FDA's October 24, 2005 decision denying Ivax's citizen's petition on the exclusivity issue and, accordingly, has remanded the matter back to the FDA.
