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Teva
20 stories about Teva
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
Teva Signs Deal to Sell Closed Israeli Factory
03.02.19
|
Lilach Baumer
In December 2017, Teva announced plans to sell or close many of its manufacturing facilities and let 25% of global employees go as part of a debt management plan
CVS Picks Migraine Drugs by Teva, Eli Lilly, Snubs Amgen, Reuters Reports
27.01.19
|
Lilach Baumer
In October, American prescription benefits management company Express Scripts added Amgen and Eli Lilly’s drugs to its coverage but excluded Teva
Israel Tax Authority to Demand Over NIS One Billion From Teva
16.01.19
|
Omri Milman and Tomer Ganon
Teva did not pay taxes in Israel for the decade preceding 2014, saving NIS 20.6 billion in tax benefits
Teva Settles 14-Year Medicaid Pricing Fraud Lawsuit in Illinois
13.01.19
|
Lilach Baumer
The Israeli drugmaker agreed to pay $135 million to bring the allegations to rest. 46 other pharmaceutical companies were also named in the suit
Copaxone Profit will Continue to Fall, But Teva is Set to Double Down on Biosimilars
08.01.19
|
Lilach Baumer and Hezi Sternlicht
Speaking at J.P. Morgan’s Healthcare Conference on Monday, CEO Kåre Schultz said he expects the U.S. generic market to stabilize in 2019
Teva Restructuring Cuts Deep into Israel’s Pharma Job Market, Exports
07.01.19
|
Amitay Gazit and Dror Reich
Israel's pharmaceutical export fell 21% in 2018, according to a new report. Teva let go around 1,200 Israeli employees last year
Teva Agrees to Stop Selling Amgen Generic Following Patent Infringement Settlement
03.01.19
|
Lilach Baumer
In December, Teva reached a confidential settlement and licensing agreement with drug manufacturer Neos Therapeutics, regarding its generic version for Neos' ADHD drug
Teva Reaches Confidential Patent Settlement with Neos
27.12.18
|
CTech
The agreement will enable Teva to manufacture and sell a generic version of Neos’ ADHD drug Cotempla as of 2026
Teva Chooses New Israeli Headquarters in Tel Aviv
16.12.18
|
Micky Grunfeld and Tzally Greenberg
The company will relocate from Petah Tikva, 8 kilometers east of Tel Aviv, to northeastern Tel Aviv neighborhood Ramat HaHayal in mid-2020
Teva, Mylan Drop on Announcement of Epinephrine Injector Rival
09.12.18
|
Lilach Baumer
Novartis’ U.S. division Sandoz announced a planned release for early 2019. The company will sell its drug, which lacks the EpiPen’s auto-injector, for $250 a pair out of pocket, compared to Mylan and Teva’s $300
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