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Teva Pharmaceutical Industries Ltd. (TEVA: Quote) Friday said it launched an authorized generic of Actoplus Met, or pioglitazone/metformin tablets, in US.

Actoplus met is marketed by Takeda Pharmaceuticals U.S.A Inc. and used with diet and exercise to improve blood sugar control in adults with type 2 diabetes. Actoplus met had annual sales of about $413 million in the US, based on IMS sales data as of June 30, 2012.

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