Teva

News for Teva

US accuses Israeli pharmaceutical giant of fixing drug prices

US accuses Israeli pharmaceutical giant of fixing drug prices

US Justice Department charges Teva of illegally fixing drug prices between 2013 and 2015.Arutz Sheva Staff, 26/08/2020 04:16
Teva will receive $50m from former directors for bribery fines

Teva will receive $50m from former directors for bribery fines

Former Teva executives will pay shareholders $50 million in compensation for fines the co. was forced to pay for bribery charges.Sara Rubenstein, 26/07/2019 09:22
Teva CEO to Netanyahu: We will help dismissed employees

Teva CEO to Netanyahu: We will help dismissed employees

Head of struggling pharmaceutical giant refuses to budge after government demands Jerusalem factories remain open, offers to train employeesArutz Sheva Staff, 19/12/2017 16:42
Teva employees threaten to blow up factory

Teva employees threaten to blow up factory

'Our factory is a ticking time bomb' say employees of pharmaceutical giant Teva. 'We have access to explosives and poison - so be prepared.'David Rosenberg, 18/12/2017 11:40
Israel grinds to a halt in strike over Teva layoffs

Israel grinds to a halt in strike over Teva layoffs

Large part of Israeli services to grind to a halt as general strike aims at stopping pharmaceutical giant Teva from firing 1,700 workers.Tzvi Lev, 17/12/2017 08:19
Riots outside Teva's Jerusalem factory over mass layoffs

Riots outside Teva's Jerusalem factory over mass layoffs

Employees burn tires, block roads as pharmaceutical giant seeks to cut 14,000 jobs.Gary Willig, 14/12/2017 18:00
PM to CEO of drug giant: Minimize harm to workers

PM to CEO of drug giant: Minimize harm to workers

Netanyahu speaks with CEO of Teva Pharmaceutical Industries, amidst company's reported intention to cut thousands of workers in Israel.Arutz Sheva Staff, 14/12/2017 13:45
Histadrut calls strike over Teva cuts

Histadrut calls strike over Teva cuts

Histadrut to hold nationwide strike on Sunday following reports that troubled drug giant will cut thousands of jobs.Arutz Sheva Staff, 14/12/2017 04:12
Israeli drug giant to cut thousands of jobs

Israeli drug giant to cut thousands of jobs

Teva Pharmaceuticals reportedly to unveil program cutting over 4,000 jobs, mainly in Israel and the US.AFP, 13/12/2017 20:17
Pharmaceutical giant to lay off thousands worldwide

Pharmaceutical giant to lay off thousands worldwide

Teva lays off thousands of workers, closes six factories, after losing $6 billion.Shlomo Pyutrikovsky, 04/08/2017 08:30
Teva to lay off 350 employees in Israel

Teva to lay off 350 employees in Israel

Teva to lay off some of its 7,000 employees in Israel it reorganizes.Arutz Sheva Staff, 24/07/2017 05:42
Teva expected to name new CEO

Teva expected to name new CEO

Teva Pharmaceutical expected to name Pascal Soriot as its next CEO, reports say.Arutz Sheva Staff, 13/07/2017 03:37
Teva CEO steps down

Teva CEO steps down

Erez Vigodman, CEO of Israeli generic drugmaker, resigns amid the company's recent stumbles.Arutz Sheva Staff, 07/02/2017 03:16
Teva fined $519 million in U.S. for foreign bribes

Teva fined $519 million in U.S. for foreign bribes

Israeli generic drug giant Teva will pay $519 million to settle charges that it paid bribes to foreign officials to win business.Arutz Sheva Staff, 23/12/2016 05:37
Teva to market, distribute medical cannabis inhaler in Israel

Teva to market, distribute medical cannabis inhaler in Israel

Teva Pharmaceutical Industries to become the first major medical company to market and distribute a cannabis inhaler.JTA, 30/11/2016 03:53
Teva completes acquisition of Allergan

Teva completes acquisition of Allergan

Teva Pharmaceutical completes $40 billion acquisition of the generics arm of rival Allergan.Arutz Sheva Staff, 03/08/2016 01:11
Teva's $40.5 Billion deal to go through next week

Teva's $40.5 Billion deal to go through next week

Israeli pharmaceutical company wins regulatory approval for acquisition of Allergan, conditional upon giving up some of its products.Shai Landesman, 28/07/2016 08:34
Israel graduating from startups to tech giant

Israel graduating from startups to tech giant

Experts disagree as to whether the tech world in Israel is capable of maturing to the level where a tech giant such as Google can exist.Raphael Poch, 15/12/2015 03:16
Israeli Pharma Giant Teva Buys Botox's Allergan

Israeli Pharma Giant Teva Buys Botox's Allergan

$40.5 billion purchase solidifies Teva as world leader in generic drugs, after $40.1 billion bid for rival Mylan meets resistance.Arutz Sheva Staff, 27/07/2015 13:15
Subsidiary's Crime Costs Teva $1.2 Billion

Subsidiary's Crime Costs Teva $1.2 Billion

Israeli pharma giant to pay for illegal monopoly 'pay for delay' move made by company Cephalon - before Teva acquired it.Arutz Sheva Staff, 28/05/2015 18:17
Shimon Peres to Advise Teva Pharmaceuticals

Shimon Peres to Advise Teva Pharmaceuticals

Consulting job to the tune of $10,000 per month reportedly on the table; details have not been finalized.Tova Dvorin, 26/04/2015 11:31
Israeli Pharma Teva Looks to Become Global Giant

Israeli Pharma Teva Looks to Become Global Giant

$40 billion acquisition of US company would launch Teva to unprecedented size - but will its bid be accepted?Arutz Sheva Staff, 21/04/2015 20:52
Pharmaceutical Giant Teva's Chairman to Resign

Pharmaceutical Giant Teva's Chairman to Resign

Chairman Phillip Frost's announcement the latest in a string of abrupt changes in major Israeli company.AFP, 18/06/2014 20:04
Teva Setback: Competitors Can Sell Copaxone

Teva Setback: Competitors Can Sell Copaxone

A U.S. Supreme Court Justice gave a green light for competitors of Teva to sell generic versions of multiple sclerosis drug Copaxone.Yosef Berger, 20/04/2014 15:40
Erez Vigodman Named New Teva CEO

Erez Vigodman Named New Teva CEO

Teva on Thursday named Erez Vigodman, 54, as new CEO of the company, after last October's controversial resignation of Dr. Jeremy Levin.Arutz Sheva Staff, 09/01/2014 14:35
Pfizer Settles with Teva on Generic Viagra

Pfizer Settles with Teva on Generic Viagra

Teva will pay Pfizer a royalty for a license to produce its generic version, from late 2017.Arutz Sheva staff, 18/12/2013 07:26
Teva Brings 'Captive Profits' Home, Gets Tax Break

Teva Brings 'Captive Profits' Home, Gets Tax Break

Teva said Monday that it would return tens billions of shekels to Israel from abroad, and pay a tax bill of nearly three billion shekels.David Lev, 11/11/2013 22:08
CEO of Teva Pharmaceuticals Steps Down

CEO of Teva Pharmaceuticals Steps Down

Jeremy Levin resigns from the pharmaceutical giant amid tensions in the companyAri Yashar, 30/10/2013 13:38
Teva: Layoffs Will be Coordinated with Histadrut

Teva: Layoffs Will be Coordinated with Histadrut

After meeting with Histadrut chairman, pharmaceutical giant promises it will coordinate layoff plans.Elad Benari, 16/10/2013 02:15
Lapid 'Dissatisfied' with Teva Layoffs

Lapid 'Dissatisfied' with Teva Layoffs

Finance Minister says he has spoken to Teva's CEO and asked him to reduce the number of employees the company lays off.Elad Benari, 15/10/2013 03:15
Teva Laying Off 5,000 Employees

Teva Laying Off 5,000 Employees

Pharmaceutical firm will reduce global manpower by 10%; 700-800 layoffs expected in Israel.Gil Ronen, 10/10/2013 17:18
American Jew to Head Teva

American Jew to Head Teva

American Jew Dr. Jeremy Levin was named new CEO for Teva Pharmaceuticals Monday, when Shlomo Yanai announced he is stepping down. Tzvi Ben Gedalyahu, 02/01/2012 13:17
Former CEO of Teva Pharmaceuticals Dies at 79

Former CEO of Teva Pharmaceuticals Dies at 79

Eli Hurvitz, who served as CEO of Teva Pharmaceutical Industries until 2002, passes away from a serious illness.Elad Benari, 22/11/2011 02:15
Israeli Drug: No More Insulin Injections?

Israeli Drug: No More Insulin Injections?

Two Israeli-based firms try out a peptide aimed at stopping Type 1 diabetes at its source and eliminate the need for insulin injections. Tzvi Ben Gedalyahu, 06/09/2011 17:48
New Lymphoma Cure Passes Phase 2

New Lymphoma Cure Passes Phase 2

A new treatment for lymphoma, a type of cancer, has passed its Phase II clinical trial. CT-011 is produced by CureTech, a Teva company.Hana Levi Julian, MSW, LCSW-R, 26/05/2011 14:35
Teva Appeals Whopping US Verdict

Teva Appeals Whopping US Verdict

Israel’s Teva Pharmaceutical Industries Ltd., the world’s largest maker of generic drugs, has dedicated its new, $100 million distribution center.Hillel Fendel, 07/03/2011 11:17
Teva Drugs Approved by FDA

Teva Drugs Approved by FDA

Teva Pharmaceuticals enjoys the approval of two new generics by the US Food and Drug Administration, stocks rise.Malkah Fleisher, 29/06/2010 23:14
Teva Acquires German Ratiopharm

Teva Acquires German Ratiopharm

Israeli pharmaceutical giant Teva has won the bid to acquire German generic drug maker Ratiopharm for $4.9 billion.Hana Levi Julian, 21/03/2010 12:13
TEVA’s Rx for Investors

TEVA’s Rx for Investors

Israeli-based TEVA has been called a juggernaut, copy-cat and an 800-pound ape. It makes generic drugs, lots of them, and money – lots of it.Tzvi Ben Gedalyahu, 07/03/2010 21:37
Teva Partners on Cancer Drug

Teva Partners on Cancer Drug

Israeli pharmaceutical giant Teva has signed a deal to invest $60 million in a new cancer-fighting drug to fight prostate and lung cancer.Hana Levi Julian, 22/12/2009 14:12