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Active Biotech: ORAL LAQUINIMOD FOR MULTIPLE SCLEROSIS GRANTED FAST TRACK STATUS BY FDA

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^{Published in Science and Technology on Thursday, February 12th 2009 at 9:02 GMT, Last Modified on 2009-02-12 09:03:07 by Market Wire}  

JERUSALEM and LUND, SWEDEN--(Marketwire - February 12, 2009) - Teva Pharmaceutical Industries Ltd. (NASDAQ: [ TEVA ]) and Active Biotech (NASDAQ OMX NORDIC: ACTI) today announced that oral laquinimod, an investigational treatment for relapsing-remitting multiple sclerosis (RRMS), has received a Fast Track designation from the U.S. Food and Drug Administration (FDA). Teva completed enrollment for the first of its two Phase III clinical trials for laquinimod (ALLEGRO) in November 2008 and is currently enrolling RRMS patients globally for the second Phase III study (BRAVO).

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