Keyword: Teva

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Teva Rejects Pleas to Save Israeli Jobs

20.12.2017 - At a Dec. 19 meeting with Prime Minister Benjamin Netanyahu and high-ranking cabinet ministers, management of Teva Pharmaceuticals, the world’s largest generic drugmaker and Israel...

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Teva Confirms Massive Cost Cuts, Job Losses

15.12.2017 - As had been widely expected, Israel-headquartered Teva Pharmaceuticals – world’s largest generics producer – announced on Dec. 14 it would slash 14,000 jobs, about a quarter of its...

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Teva Realigns, may Slash 25% of Workforce

04.12.2017 - Kåre Schultz, new chief executive officer of debt-plagued Israeli drugmaker Teva, is moving rapidly to make good on his pledge to improve the company’s financial performance and...

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Teva Sheds Assets Worth $2.48 Billion

22.09.2017 - Israeli generics giant Teva has completed its exit from the women’s health sector. On Sept. 18 it unloaded its contraception, fertility, menopause and osteoporosis products to CVC...

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Kare Schultz Named CEO of Teva

13.09.2017 - After a protracted search, Israeli generics giant Teva has appointed a new president and chief executive officer. Kåre Schultz will take over from interim CEO Yitzhak Peterburg at...

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Teva Reduces Israeli Job cut Numbers

31.08.2017 - Three weeks after announcing it would cut 350 jobs at two plants in Israel, generics producer Teva has trimmed the number back to 285. The company said it will only eliminate 65...

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Teva Cuts Jobs, Closes Plants as Woes Deepen

08.08.2017 - As its financial woes continue to deepen, Israeli generics producer Teva is making plans to lay off 7,000 employees and close 15 plants. CEO Yitzhak Peterburg said the company will...

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EU Accuses Teva and Cephalon of Antitrust Breach

20.07.2017 - The European Commission has accused Israeli drugmaker Teva and its US subsidiary Cephalon of breaching antitrust rules. Regulators classed an agreement between the companies to...