Teva Pharmaceutical Industries Limited Receives Positive Results on AOK Tender

JERUSALEM--(BUSINESS WIRE)--Teva Pharmaceutical Industries Ltd. (NASDAQ: TEVA) today announced that it has received notification from Allgemeinen Ortskrankenkassen (AOK), Germany’s largest health insurance company, on the results of the most recent tender for finished dosage pharmaceutical products. Teva, together with a partner, was chosen as the supplier of 15 contracts which represent approximately 20% of the tender value. The ex-factory prices (i.e. list prices before discounts), based on IMS, of these tender products for the 12 months ended October 31, 2008 was approximately 203 million Euro. Tender prices are considerably lower than ex-factory prices.

MORE ON THIS TOPIC