Teva 1Q Revenues: $4.9 billion (-4%) 1Q Earnings: $626 million (-27%) Comments: Generic revenues were $2.3 billion (including API revenues of $186 million), down 12%, mainly from the absence of royalties related to generic Lipitor sales under an agreement with Ranbaxy, as well as declines in sales of the generic equivalents of Lexapro and Adderall XR due to increased competition. Specialty medicines revenues were flat at $2.1 billion. OTC revenues were $306 million, up 56% due to strong reven...