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Headlines
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Israel faces a new push to shut it out of the EU’s flagship research program
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Nice cuts 500 jobs, but investors may be looking for much deeper changes
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Air Canada returns to Israel with a 30% price increase
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The dollar has reached a six-month high against the shekel. What is driving the move?
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Teva
20 stories about Teva
Teva no Longer Largest Company on TASE After U.S. Legal Troubles Sink Stock
13.05.19
|
Lilach Baumer
International Flavors & Fragrances (IFF), which listed on the Tel Aviv exchange in October following its acquisition of Israel-based Frutarom, has now surpassed the Israeli drugmaker
Teva’s Shady Legal Past Still Weighs on the Debt-Laden Pharma Company
12.05.19
|
Hezi Sternlicht
On Friday, 43 states joined Connecticut in filing a lawsuit against senior Teva executives and against over a dozen former and current senior executives at leading generic drug companies, alleging all were involved in a drug price-fixing conspiracy
For Medical Cannabis Users, the Biggest Problem Is a Consistent Dose, Says Syqe Medical CEO
07.05.19
|
Orna Yefet
Perry Davidson, founder and CEO of cannabis inhaler company Syqe Medical, spoke Monday at Calcalist's cannabis conference in Tel Aviv
Teva’s Copaxone Successors Are Still Far From Success
05.05.19
|
Hezi Sternlicht
Teva’s first quarter report for 2019, published Thursday, shows that while the drugmaker is progressing with its financial rehabilitation program, its net debt to EBITDA ratio is leaving the company in dangerous waters
Teva Completes $47.5 Million Sale of Northern Israeli Plant to Private Equity Fund FIMI
02.05.19
|
Hezi Sternlicht
Teva is selling the plant following its 2017 plan to ameliorate its crippling debt by divesting non-core businesses and closing or selling many of its manufacturing plants
Teva Discontinues Development of Cluster Headache Drug
24.04.19
|
Tzally Greenberg
Under Teva’s brand name Ajovy, fremanezumab has already been approved in the U.S. and Europe as a preventative migraine treatment
FDA Approves Teva’s Generic Nasal Spray for Opioid Overdose
21.04.19
|
Lilach Baumer
Commonly known as Narcan, the spray is considered a life-saving medication, and Teva’s drug is the first generic product approved that does not require medical training to use
Teva Execs Topped TASE's High Earners List for 2018
18.04.19
|
Gil Kalian
With nearly $34 million added to the bank, Teva’s CEO Kåre Schultz was the highest earning executive on the Tel Aviv Stock Exchange last year
Market Indifferent to European Approval of Teva's Migraine Drug
02.04.19
|
Lilach Baumer
Teva's injection, one of three similar migraine drugs already approved in the U.S., is the third to receive European approval after Amgen Inc. and Novartis AG and Eli Lilly
Teva Makes Headway in European Copaxone Patent Case
01.04.19
|
Lilach Baumer
Generic 40 mg versions of the drugmaker's blockbuster drug for multiple sclerosis have been available in Europe since late 2017, but Teva is now making strides in court
Bidder Contests Teva Sale of Jerusalem Facility
31.03.19
|
Amitai Gazit and Lilach Baumer
Earlier this month, Teva agreed to sell the land tenure rights of its two Jerusalem factories, set to close by the end of 2019, for a combined $77 million
Teva Settles Patent Litigation Case for Blood Sugar Stabilizer With Novo Nordisk
24.03.19
|
CTech
Under the settlement agreement, Teva will be able to sell a generic version of the drug as of 2023
Teva Selling Jerusalem Land Tenure Rights Ahead of Factory Closures
20.03.19
|
Golan Hazani
Teva currently has two manufacturing plants in Jerusalem, both slated for closure by the end of 2019
Copaxone-Competitor Developer Mapi Pharma Gets Funding for Jerusalem Plant
19.03.19
|
Lilach Baumer
The clinical-stage company develops more efficient versions of existing successful drugs, including a long-acting version of Teva's multiple sclerosis cash cow
Senior Vice President David Lustig Leaving Teva After 25 Years
19.03.19
|
Tzally Greenberg
Lustig will be replaced by Miran Denac, currently senior vice president and cluster manager for central and Western Europe operations
Morgan Stanley Downgrades Teva From Overweight to Equal Weight
07.03.19
|
Hezi Sternlicht
The bank upgraded Teva to overweight in November, setting a target price of $27, at the time a 20% premium on the company’s trading price
Teva’s Schultz is Running Out of Rope
14.02.19
|
Hezi Sternlicht
In the fourth quarter and annual earnings reported by the company Wednesday, Teva missed analyst consensus for non-GAAP earnings per share, and shareholders seem to be losing patience
Teva to Close 11 More Manufacturing Facilities in 2019
14.02.19
|
Lilach Baumer
The drugmaker published its fourth quarter and annual reports Wednesday, dropping almost 8% on NYSE after forecasting a steep cut in profits for 2019
Teva Falls in Pre-Market Following Low-Profit Forecasts for 2019
13.02.19
|
Lilach Baumer
The drugmaker forecasts revenues of $17 billion to 17.4 billion for 2019, much lower than analyst expectations
Teva to Sell Northern Israeli Facility to Private Equity Fund FIMI
06.02.19
|
Tzally Greenberg
Teva unveiled a reorganization plan in December 2017 to ameliorate its debilitating debt, announcing its intention to close or sale facilities and layoff 25% of employees by 2019
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