Teva Pharmaceutical Industries Limited Announces Webcast on Results from Phase III ALLEGRO Study of Oral Laquinimod in Multiple Sclerosis

LUND, SWEDEN--(Marketwire - April 11, 2011) - Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) will host an audio webcast on Thursday, April 14 at 4:15 p.m. EDT to present the results from the Phase III ALLEGRO study of laquinimod, an investigational, oral, once- daily, immunomodulator for the treatment of relapsing remitting multiple sclerosis (RRMS).

For further information, please visit www.tevapharm.com.

Lund, April 11, 2011

Active Biotech AB (publ)

Tomas Leanderson President & CEO

Active Biotech AB (NASDAQ OMX NORDIC: ACTI) is a biotechnology company with focus on autoimmune/inflammatory diseases and cancer. Projects in pivotal phase are laquinimod, an orally administered small molecule with unique immunomodulatory properties for the treatment of multiple sclerosis, TASQ for prostate cancer and ANYARA for use in cancer targeted therapy, primarily of renal cell cancer. In addition, laquinimod is in Phase II development for Crohn's and Lupus. Further projects in clinical development comprise the two orally administered compounds, 57- 57 for SLE and Systemic Sclerosis as well as RhuDex™ for RA. Please visit www.activebiotech.com for more information.

Active Biotech AB (Corp. Reg. No. 556223-9227)
Box 724, SE-220 07 Lund
Tel: +46 46 19 20 00
Fax: +46 46 19 11 00

Active Biotech is obligated to publish the information contained in this press release in accordance with the Swedish Securities Market Act. This information was provided to the media for publication on April 11, 2011, at 08:30 a.m.

Teva Announces Webcast on Results from Phase III ALLEGRO Study: http://hugin.info/1002/R/1504975/439897.pdf

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Source: Active Biotech via Thomson Reuters ONE

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