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An Ailing Teva to Fire 1,000 in Israel

The new CEO Kåre Schultz is renowned for his dramatic efficiency measures in the companies he has run.

El Al Continues to Drop, Dollar Rises

The major indices on the Tel Aviv Stock Exchange (TASE) traded almost unchanged Tuesday with the TA-35 moving 0.03 percent and the TA-125 edging up 0.21 percent.

Having Lost 1/3 of Its Value in 2 Days Teva Drags Down Tel Aviv...

This collapse comes in the wake of the world's biggest generic drugs maker attempt to dominate its market with a $40.5 billion acquisition of Allergan's generics business last year. It was a bad call.

Teva Marketing Marijuana Inhaler in Israel

It comes down to control: the most outstanding feature of the new inhaler is that it delivers precise doses, allowing physicians to monitor and curtail their patients' cannabis consumption.

Teva, Intel to Team on Technology to Help Huntingdon’s Disease Patients

TEVA and INTEL are teaming on a new joint technology project designed to help relieve the suffering of patients with Huntington's disease.

Israeli Exec Claims Discrimination; Avis Says Claim ‘Unfounded’

An Israeli executive claims an Avis agent said it was "company policy not to recognize Israeli documents."

UPDATE: Teva Buys Allergan for $40.5 Billion

This appears to be a strategic switch away from Mylan, which was fighting the Teva takeover.

Teva to Buy Allergan for $40 Billion

Israel's giant generic firm will withdraw its troublesome bid for Mylan.

Pres. Rivlin Launches Joint Project to Integrate Israeli Arabs into Private Business Sector

Pres. Reuven Rivlin launches joint project with 'Collective Impact' to integrate Israeli Arab workers into private business sector.

Kimberly-Clark Buys Out Israeli Diaper Firm for $160 Million

The Israeli economy is on the way to becoming owned by foreigners.

Teva’s Parkinson Drug Now Marketed in Japan

Japan’s largest pharmaceutical company, Takeda, recently signed an agreement with Teva Pharmaceutical Industries to commercialize the Israeli company’s innovative treatment for Parkinson’s disease, rasagiline, in Japan.

Teva Wins FDA Approval for Leukemia Drug

The U.S. Food and Drug Administration (FDA) has granted Israeli-based Teva Pharmaceuticals full approval for Synribo, a drug that is injected for adults with...

Teva Names New CEO Three Months after Firing Jeremy Levin

Teva Pharmaceutical announced on Thursday that its new CEO will be Erez Vigodman, who until now has been the CEO for the huge phosphate...

Ex-Teva CEO Jeremy Levin Says He Is Staying in Israel – for Now

Jeremy Levin, who moved to Israel last year to take over the helm at Teva Pharmaceuticals only to be fired last month, say he...

Teva to Fire 5,000 Workers Worldwide

Israel’s giant generic Teva Pharmaceuticals firm will fire  by the end of next year 5,000 employees around the world, including hundreds in Israel, as...

Another Israel Pharmaceutical Firm Goes to NASDAQ

Kitov Pharmaceuticals accounted it plans to apply for listing on the NASDAQ exchange, joining Israel-based Teva and Kamada that are traded on Wall Street. Kitov...

Paris Prosecutor Says No Zopiclone in Teva Furosemide Tablets

The pharmaceutical giant Teva's French division, Teva France, announced that the preliminary investigation conducted by the Paris Prosecutor resulted in the conclusion that there...

Teva to Sell Generic Viagra in UK, and Move Patent Filing to Switzerland

Teva, the world leader in generic medication will be soon be launching a generic version of Pfizer's Viagra in the UK and Europe. Pfizer's Viagra...

Teva Stops Distributing Drugs from Suspect Factory in France

Several people died or have been hospitalized in serious condition after taking a drug that was released inadvertently in the packing of medicine treating pulmonary edema.

Following Lapid-Bennett Deal, Likud Facing Civil War

The third Netanyahu government's unprecedented composition ushers in a power struggle within the ruling party.

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