TEVA PHARMACEUTICALS USA AND HEALTH MANAGEMENT, INC. TO OFFER INSURANCE GUIDANCE TO MULTIPLE SCLEROSIS PATIENTS IN COPOLYMER 1 TREATMENT IND.KULPSVILLE, Pa.--(BUSINESS WIRE)--January 18, 1995--TEVA Pharmaceuticals USA, a subsidiary of TEVA Pharmaceutical Industries Teva Pharmaceutical Industries Ltd. (Hebrew: טבע תעשיות פרמצבטיות בע"מ), NASDAQ: TEVA is an international pharmaceutical company headquartered in , Ltd., (NASDAQ/NNM:TEVIY) announced today that through Pharmaceutical Marketing Alliance (PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy ), a subsidiary of Health Management, Inc. of Ronkonkoma, New York Ronkonkoma is a census-designated place (CDP) in Suffolk County, New York, United States. The population was 20,029 at the 2000 census. Ronkonkoma is a community in the Town of Islip. (NASDAQ/NNM:HMIS HMIS Hazardous Materials Identification System HMIS Health Management Information System HMIS Homeless Management Information Systems HMIS Hazardous Material Information System HMIS Her Majesty's Indian Ship HMIS His/Her Majesty's Inspector of Schools ) TEVA TEVA Tucson Electric Vehicle Association will offer insurance guidance and information to patients enrolled in a Treatment Investigational New Drug Program (T-IND) now under way to evaluate its investigational drug copolymer copolymer: see polymer. 1 in relapsing remitting (RR) multiple sclerosis. Under the agreement, PMA will provide reimbursement counseling, insurance investigation and verification services for any of the 2,000 total patients who may be accepted and enrolled in the trial. To date, more than 200 patients have enrolled. The financial terms of the agreement have not been disclosed. The T-IND, an open-label program, adheres to the high standards required by the Food and Drug Administration for clinical trials. "We're pleased to be able to offer our T-IND patients this valuable service, especially our assistance in exploring insurance reimbursement for copolymer 1," said Richard J. Mengoni, R.Ph., Marketing Manager for TEVA Pharmaceuticals USA. "For many patients, this service may make the difference between being able to participate in the program or not." Martin Crosby, R. Ph., Vice President of PMA, commented "Many patients simply do not know how to secure insurance reimbursement to cover the cost of drugs tested in a Treatment-IND, and therefore either fail to enroll in a program or drop out prematurely because of cost. Our service will ensure that these patients receive the assistance they are entitled to as well as the potential benefits of an investigational drug in managing their illness." Copolymer 1, a copolymer made up of four amino acids, was developed by TEVA in Israel and the U.S. and is based on drug-discovery efforts conducted at the Weizmann Institute in Israel. On clearance from the FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. , TEVA plans to market copolymer 1 under the brand name COPAXONE\. To find out about enrolling RR MS patients, call or write to TEVA's Clinical Research Department at 1-800-840-5601, 1510 Delp Drive, Kulpsville, PA 19443. TEVA Pharmaceuticals USA is dedicated to developing innovative branded products for disorders of the central nervous system. The investigational MS drug is currently the centerpiece of the company's research and development efforts. TEVA also markets Orap\ (pimozide pimozide /pi·mo·zide/ an antipsychotic and antidyskinetic agent used in the treatment of Gilles de la Tourette's syndrome. pim·o·zide n. ) as second line therapy to prevent motor and phonic phon·ic adj. Of, relating to, or having the nature of sound, especially speech sounds. phonic pertaining to the voice. tics associated with Tourette's syndrome, and Moban\ (molindone HCl) for the treatment of psychotic disorders. In addition, the company is developing an orphan drug product for use in Wilson's disease, a genetic disorder that results in the potentially fatal accumulation of copper in the body, as well as other compounds to treat Parkinson's disease, epilepsy and other central nervous system diseases. Pharmaceutical Marketing Alliance provides chronic disease state management programs and reimbursement services for the biopharmaceutical and pharmaceutical industry. As a public service, PMA publishes health care provider and patient-oriented educational materials, including Focus on Issues Facing Multiple Sclerosis Patients, which are widely distributed among the MS and neurology communities. Additionally, PMA operates a resource center for MS patients at 1-800-423-8279. PMA is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Health Management, Inc. (HMI (Human Machine Interface) The user interface in a manufacturing or process control system. It provides a graphics-based visualization of an industrial control and monitoring system. ). Health Management, Inc. is a national provider of integrated health management services to patients with chronic medical conditions and to the health care professionals, drug manufacturers and third-party payers involved in their care. CONTACT: CONTACTS FOR TEVA USA: Joyce Yaeger BROWN AND POWERS 212/223-8200 INVESTOR RELATIONS: Donna Stein MORGEN-WALKE ASSOCIATES, INC. 212/850-5600 CONTACTS FOR HMI: Clifford E. Hotte, Ph.D. President/CEO, HMI 800/637-5633 INVESTOR RELATIONS: Diane Perry THE FINANCIAL RELATIONS BOARD 212/661-8030 |
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