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After falling back to a four-star
rank, where it sat for the past several months,
Teva Pharmaceutical (Nasdaq: TEVA) has
finally seen enough top-performing CAPS members turn bullish
to reclaim its coveted
five-starstatus. A total of 1,472 members have given
their opinion on the generic drug maker, with many of them
offering analysis and commentary explaining the recent
optimism.
Many CAPS members see a big future ahead for generic drugs
in general and think they
will play a big partin saving health-care costs. Many
drugmakers like
Pfizer (NYSE: PFE),
Bristol-Myers Squibb (NYSE: BMY), and
Eli Lilly (NYSE: LLY) will be peering over a
patent cliff in upcoming years, and some, like
GlaxoSmithKline (NYSE: GSK), have
already taken the leap. Teva is picking up the pieces as
the world's largest generic drugmaker with a successful
history of
aggressively launching drugs. The company saw a 20%
revenue increase in the second quarter, and it plans to keep
the pressure on with the launch of a couple dozen more
generics by
2010.          Â
 Â
Its multiple sclerosis drug Copaxone faces
a generic threat of its owncoming from
Mylan (Nasdaq: MYL),
Momenta Pharmaceuticals , and
Novartis ' (NYSE: NVS) Sandoz, which could
keep the company's lawyers busy defending its patents. But
Copaxone reached record in-market sales in the second
quarter, and a recent study found that the drug also reduces
the likelihood of patients progressing to full-blown MS,
which may lead some to start treatment early. And with some
of its acquisitions last year, Teva picked up several branded
drugs as it continues to diversify into that market.
Do you think Teva Pharmaceutical deserves its five-star
status? Add your thoughts in the comments box below on this
page, or head over to CAPS to
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This article was originally published as
A Big Upgrade for Teva Pharmaceuticalon
Fool.com
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