Teva loses late attempt to stop generic Copaxone going on sale


Teva (TEVA) has lost a case in which it tried to persuade a court to delay the release of generic forms of Copaxone by saying that more testing was needed for these versions of the multiple-sclerosis drug.

A 20-milligram dosage of Copaxone is due to lose its patent protection on May 24, after which Mylan (MYL) and Novartis (NVS) unit Sandoz can start selling cheaper forms of the treatment.

Teva hopes to switch patients to a longer-lasting 40-milligram regimen, which is protected until 2015.

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