Teva Pharmaceutical Industries Ltd. (TEVA) announced the launch of the authorized generic of Provigil (modafinil). Provigil is marketed by Cephalon, Inc., a wholly owned subsidiary of Teva.
Teva noted that Provigil will continue to be manufactured under the brand product's new drug application at the same facility where it is currently produced. Shipping of the product has begun.
As per the IMS sales data, the brand product had annual sales of around $1.1 billion in US.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.