Teva Pharmaceutical
(TEVA) - Get Report
has earned tentative approval from the U.S. Food and Drug Administration for its hypertension drug.The company expects a final approval for the 50 mg/12.5 mg and 100 mg/25 mg losartan potassium and hydrochlorothiazide tablets, a generic version of
Merck's
(MRK) - Get Report
Hyzaar tablets, once that drug's patent expires in April 2010.
Hyzaar's annual sales are about $542 million.
Teva's shares closed up 21 cents at $36.14 Wednesday.
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