BRIEF-S.F. Holding's unit plans to set up JV with UPS Parcel Delivery
* Says unit SF Holding Limited signs joint venture agreement and funding agreement with UPS Parcel Delivery Service Limited (UPS), Global Connect Holding Limited
JERUSALEM May 2 Teva Pharmaceutical Industries , the world's largest generic drugmaker, expects U.S. regulators to act on its more convenient three-times-a-week dosing regimen of multiple sclerosis drug Copaxone in early 2014.
Teva submitted its application for the drug, which will dose 40 mg three-times-a-week instead of the current daily dose of 20 mg, at the end of March.
"We anticipate FDA action in the first quarter next year," Chief Executive Jeremy Levin told a conference call of analysts after Teva issued first-quarter results on Thursday.
Among Teva's key challenges is the looming 2015 patent expiration of its most important branded product, the multiple sclerosis drug Copaxone, which accounts for about 20 percent of sales and some 50 percent of profit.
May 25 United Parcel Service Inc on Thursday announced plans to form a joint venture agreement with Chinese express delivery firm SF Holdings, laying the groundwork to expand shipping services from China to the United States.
May 26 Gold edged lower early Friday as the dollar steadied due to weakness in commodity currencies after an extension of output curbs by OPEC and other producing nations left investors hoping for bigger cuts disappointed. FUNDAMENTALS * Spot gold was down 0.2 percent at $1,253.10 per ounce by 0110 GMT. The yellow metal was poised to dip 0.1 percent for the week. * U.S. gold futures slipped 0.2 percent to $1,254.2 an ounce. * The