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24/7
Headlines
21:39
Full list of Israeli high-tech layoffs in 2026
21:36
Remitly cuts 110 jobs in Israel and closes R&D hub three years after $80 million Rewire acquisition
16:41
Rigas: "Energean needs more gas to compete, and to prevent a monopoly"
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“When you raise walls around data, employees go around them”
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Israeli defense firms target Asia as Singapore Airshow opens amid regional arms race
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Chinese fund: “The Chinese government has imposed a ban on any new investment in Israel”
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Cyera employees to sell tens of millions in shares at $9 billion valuation
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Medtronic to acquire Israeli AI cardiology firm CathWorks for $585 million, deal could reach $1 billion
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Israeli startup raises $6.2 million to turn social media video into intelligence
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Pharmaceuticals
20 stories about Pharmaceuticals
Former Chairman Yitzhak Peterburg Leaves Teva
13.12.17
|
Lilach Baumer
Mr. Peterburg was the troubled drugmaker's interim CEO between February and November 1, when Kåre Schultz took helm
Teva to Unveil Strategic Plan, Layoffs Thursday
12.12.17
|
Dror Reich
Last month the debt-riddled drug maker announced a rehabilitation plan amidst rumors of upcoming employee cuts
Gilead Builds on Kite Pharma Acquisition, Buys Second CAR-T Therapy Company
10.12.17
|
Lilach Baumer
California-based Cell Design Labs will be acquired in a deal valued at up to $567 million
Fresh Teva Lawsuit Goes Against Dividends Paid by Debt Heavy Drugmaker
30.11.17
|
Anat Rouah
Tel Aviv-based capital investment firm Tulip Capital is threatening derivative action against Teva, saying the company's huge debt load renders its dividends unlawful
New CEO Steers Teva Back to Generics
28.11.17
|
Golan Hazani and Dror Reich
A reorganization plan announced by the company Monday would see the troubled drugmaker return to its core competencies, despite market pressures
Biomed Company Protalix to Lay Off a Fifth of its Workforce
26.11.17
|
Dror Reich
The Israel-based NYSE American-listed company is currently undergoing a streamlining process
Cannabis Breeder Barney's Farm Invests in Israeli Cannabis Company
23.11.17
|
Dror Reich
Barney's made a strategic investment of $2.1 million in Tel Aviv-listed Medivie Therapeutic Ltd., a company setting up a medical cannabis farm and pharmacy venture
Perrigo Completes Sale of Israel Business for $110 million
23.11.17
|
Lilach Baumer
The buyer, New York-based investment firm SK Capital, has $1.9 billion assets under management
Troubled Drugmaker Teva to Axe over 4,000 Jobs
23.11.17
|
Golan Hazani
Less than a month after stepping in as CEO, Kåre Schultz starts tightening the belt. The company is expected to oust Chief Scientific Officer Michael Hayden
Investors Cheer as Mylan Plans to Delist from Israeli Stock Exchange
12.11.17
|
Uri Tal-Tenne and Dror Reich
Mylan is currently the highest valued company on the TASE at $18.5 billion
Entera Bio Files for Nasdaq IPO
12.11.17
|
Lilach Baumer
The clinical stage company develops treatments mostly for osteoporosis and bone disorders
Fitch Downgrades Teva to Junk Rating
07.11.17
|
Yaniv Rahimi
The U.S. credit agency changed Teva's rating from BBB to BB, with a negative outlook, due to "significant operational stress." The downgrade might affect Teva's ability to take on additional debt
There May Be a Silver Lining to Teva’s Woes
06.11.17
|
Eli Shimony
Analysts have lowered their target price for Teva following the company's less than stellar third quarter reports, but the company can still turn its luck around with new drugs and a willingness to tighten the belt
Allergan Planning Sale of its Teva Stock
01.11.17
|
Dror Reich and Lilach Baumer
For the third quarter of 2017, Allergan reported an operating loss of $4.02 billion, $1.3 billion of which is due to the depreciation of its Teva securities.
New CEO to Take Helm at Troubled Teva Wednesday
31.10.17
|
Lilach Baumer
The generic drugmaker shed 67% of its market price over the last 12 months
Teva's Blockbuster Drug Takes Another Generic Blow
26.10.17
|
Lilach Baumer
Mylan and European Partner Synthon won U.K. patent case related to Teva's Copaxone
Teva Canada Probed by Ontario Government
23.10.17
|
Lilach Baumer
According to a report by Canadian newspaper Toronto Star the company is under investigation for alleged illegal rebates given to pharmacies to boost sales. A Teva spokesman said the company will cooperate fully with any investigation by the Ontario Ministry of Health.
Mitsubishi Tanabe Pharma Finalizes $1.1 Billion Buy of Israel-Based NeuroDerm
19.10.17
|
Lilach Baumer
NeuroDerm is looking to bring major change to Parkinson patients with its drug reformulation
Kite Pharma’s Cancer Drug Gets Regulatory Nod
19.10.17
|
Lilach Baumer
The cancer-treatment company, bought by Gilead Science in August for $11.9 billion, will sell one treatment course of the drug for $373,000
Teva Submits Potential Moneymaker Migraine Drug for FDA Approval
18.10.17
|
Dror Reich and Lilach Baumer
Teva’s patent for its moneymaker multiple sclerosis drug Copaxone expired last year
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