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Barr, Teva to Launch Generic Allegra Versions

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From Associated Press

Barr Pharmaceuticals Inc. and Teva Pharmaceutical Industries Ltd. said they would cooperate in launching generic versions of Sanofi-Aventis’ Allegra allergy drug.

Barr of Pomona, N.Y., received final approval last week for the generic drug from the Food and Drug Administration.

Allegra sales were worth $1.4 billion for the 12 months ended in June, according to research firm IMS Health.

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