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LexTeva Pharmaceutical Industries Ltd
Teva Pharma: generics titan attempts to put the stopper in legal problems Premium content
...The leader of the pack was Teva Pharmaceuticals, whose market capitalisation reached $60bn in 2015. Teva now sits in the crosshairs of law enforcement....
August 22, 2023
Corporate bonds
Investors question green tint of Teva’s $5bn sustainability bond
...A $5bn “sustainability-linked” bond sold by Teva Pharmaceutical Industries on Tuesday was the largest of its kind, but drew immediate questions from some investors about its environmental and social claims...
November 3, 2021
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
Green bonds
Investors scrutinise green claims in $80bn sustainability bond market
...Teva declined to comment. Lumen and UltraTech did not respond to a request for comment. *This story has been amended to indicate that Teva is an Israel-based drugmaker....
November 16, 2021
Intellectual property
Brussels’ Teva probe reveals dark side of patent protections
...“Pharmaceutical companies need to take seriously the prospect that the [commission] may instigate an inquiry into such practices.”...
June 17, 2021
Covid-19 vaccines
Teva says vaccine makers have not taken its offer to help produce jabs
...Teva is one of four pharmaceutical companies in the midst of an opioid trial in California and is accused of engaging in misleading marketing which played down the risks of opioid addiction....
April 28, 2021
Teva Pharmaceutical Industries Ltd
Brussels issues €60m fine over drug price fixing
...The European Commission has fined pharmaceutical group Teva and its subsidiary and former rival Cephalon a combined €60.5m for conspiring to fix the price of sleep disorder drug modafinil....
November 26, 2020
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Teva Pharmaceutical Industries Ltd
Teva charged in US price-fixing investigation
...Pharmaceutical group Teva has been charged in the US with conspiring to fix the price of generic drugs, including a common cholesterol treatment, after it refused to settle with the US Department of Justice...
August 26, 2020
LexDrug prices
Generic drug costs: a partial cure Premium content
...On Tuesday, Israel’s Teva became the seventh drugmaker to be charged in the US with conspiring to fix the price of generic drugs....
August 26, 2020
Teva Pharmaceutical Industries Ltd
Teva sees higher margins, lower debt from restructuring
...As the coronavirus outbreak affects production of drugs and active pharmaceutical ingredients in China, Mr Schultz said Teva is working to ensure it has substitutions for raw materials....
February 12, 2020
Coronavirus
US hospitals panic-buy drugs ahead of coronavirus influx
...To boost supplies of antimalarials, generics manufacturers Teva and Novartis’ Sandoz have pledged to donate millions of doses to US hospitals....
March 21, 2020
Teva Pharmaceutical Industries Ltd
Teva puts further $468m aside for opioid settlements
...The pharmaceutical company now expects net revenues of between $17.2bn and $17.4bn in 2019 and non-GAAP earnings per share of between $2.30 and $2.50....
November 7, 2019
US opioid epidemic
Drug companies and US states propose $48bn opioid settlement
...Shares in Teva jumped 9 per cent in late afternoon trading in New York, while Johnson & Johnson stock was flat....
October 21, 2019
Teva Pharmaceutical Industries Ltd
Pending litigation weighs on Teva
...Teva’s better than expected earnings failed to allay investor concerns about potential legal liabilities and the departure of the chief financial officer, sending shares in the Israeli pharmaceutical company...
August 7, 2019
US opioid epidemic
US opioid trial to go ahead after settlement talks fail
...Teva Pharmaceuticals, the only remaining manufacturer, fell 1.6 per cent to $7.38, after losing 3.5 per cent during the trading day....
October 18, 2019
US opioid epidemic
Teva to pay $85m to Oklahoma over opioid case
...Teva Pharmaceuticals will pay $85m to Oklahoma to settle claims that it played a part in fuelling the state’s opioid crisis....
May 26, 2019
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Teva Pharmaceutical Industries Ltd
Teva boss hits out at opioid lawsuits
...Revenues in the US, Teva’s largest market, fell 20 per cent to $1.9bn. Teva lost $105m in the quarter, compared with net income of $1bn in the same quarter the year before....
May 2, 2019
Pharmaceuticals sector
Teva stock tumbles as it warns of ‘trough’ in 2019
...Teva Pharmaceutical has warned that 2019 will be a “trough” for the company as the world’s largest generic drugmaker forecast lower earnings and revenue because of generic competition to its branded multiple...
February 13, 2019
Pharmaceuticals sector
Teva shares climb after FDA approves its generic EpiPen
...Teva got a shot in the arm on Thursday from the long-awaited approval by US regulators of its generic version of Mylan’s EpiPen allergy injector....
August 16, 2018
European companies
Novartis offloads part of Sandoz generics business in US
...On Thursday, Novartis said it would sell portions of the Sandoz US portfolio to Aurobindo Pharma USA in order to focus on “higher growth areas”....
September 6, 2018
LexUS & Canadian companies
Buffett/Teva: below my pay grade Premium content
...But there is a simpler reason why octogenarian Warren Buffett was unsure in a Monday television interview about why his Berkshire Hathaway had recently bought a $377m stake in Teva Pharmaceutical, the troubled...
February 26, 2018
Pharmaceuticals sector
Teva shares jump after Berkshire Hathaway reveals $358m stake
...Israeli drugmaker Teva Pharmaceutical’s US shares shot up in after-hours trade on Wednesday after Berkshire Hathaway said it had taken a new stake in the company, signalling confidence by famed investor...
February 14, 2018
Pharmaceuticals sector
Moody’s joins Fitch in junking Teva, citing debt load
...Friday’s downgrade leaves Teva’s rating at Ba2, from Baa3....
January 12, 2018
Pharmaceuticals sector
Teva warns on revenue amid tough US drug pricing
...Shares in Israel’s Teva Pharmaceutical, the world’s largest generic drugmaker, fell sharply after it forecast a drop in revenue in 2018 in spite of aggressive cost-cutting that will lose as many as 14,000...
February 8, 2018
Pharmaceuticals sector
Israeli union chief calls for strike over reports of Teva layoff plans
...Teva factories across the country would strike the entire day. A representative for the Israeli-based pharmaceutical company declined to comment on the reports....
December 13, 2017
Pharmaceuticals sector
Teva climbs on report it is mulling 10,000 job cuts
...Teva Pharmaceutical’s US-listed shares received a shot in the arm on Friday following a report that the struggling Israeli drugmaker could be looking to cut up to 10,000 jobs in a bid to reduce costs and...
December 8, 2017

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