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|January 16, 2008 2:28 p.m.|
|Teva Specialty Pharmaceuticals And UCB Announce U.S. Respiratory Collaboration Agreement|
North Wales, Pa. and Atlanta, January 16, 2008 - Teva Specialty Pharmaceuticals, the U.S. respiratory therapy unit of Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) and UCB (Euronext: UCB) today announced an agreement to co-commercialize Teva's U.S. respiratory medicines. The initial product to be jointly promoted in the U.S. is Teva's ProAir®HFA (albuterol sulfate) Inhalation Aerosol. ProAir®HFA is the number-one branded hydrofluroalkane (HFA) albuterol sulfate inhaler in the U.S. Additionally, the agreement will provide UCB future joint promotion opportunities with other products in development by Teva Specialty Pharmaceuticals. Financial terms of the agreement were not disclosed.