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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
...And for the pharmaceuticals industry — which is so dependent on intellectual property protection to drive innovation — its findings may represent a line in the sand....
June 17, 2021
Covid-19 vaccines
Teva says vaccine makers have not taken its offer to help produce jabs
...Teva posted its first-quarter earnings on Wednesday, reporting adjusted earnings per share of 63 cents, beating analysts’ expectations of earnings per share of 59 cents....
April 28, 2021
Moral Money
‘It’s greenwashing’: Climate Action 100+ members let standards slip Premium content
...“But the whole industry is taking advantage of all the interest in this space. There’s just so much attention going to it.”...
February 2, 2022
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
Brussels issues €60m fine over drug price fixing
...The EU accused Teva and Cephalon over the agreement in 2017 and brought formal charges this year. The EU started its probe when Teva acquired Cephalon....
November 26, 2020
Teva Pharmaceutical Industries Ltd
Teva charged in US price-fixing investigation
...Glenmark, an alleged co-conspirator of Teva, is awaiting trial....
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
...“If you look at the history of Teva, there were a lot of profit warnings before I joined....
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
...Teva revised its full-year guidance to the top end of its prior range....
November 7, 2019
Teva Pharmaceutical Industries Ltd
Pending litigation weighs on Teva
...But Teva reported a net loss of $689m, widening from $241m the year before, as profit in North America fell 30 per cent....
August 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
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
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
US opioid epidemic
Teva to pay $85m to Oklahoma over opioid case
...Teva and the state government finalised the deal ahead of a trial, which was scheduled to begin on Tuesday....
May 26, 2019
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
...Shares in Teva were down 7.1 per cent to $17.76 by mid-morning in New York....
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
LexUS & Canadian companies
Buffett/Teva: below my pay grade Premium content
...The new Teva boss says the correct ratio should be below two times. This newly humbled Teva will not approach its previous heights any time soon....
February 26, 2018
Pharmaceuticals sector
Teva shares jump after Berkshire Hathaway reveals $358m stake
...Teva US-listed shares are up 2 per cent year-to-date, having tumbled more than 50 per cent last year....
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
...Mr Netanyahu insisted that Teva remained headquartered in Israel, and try to keep as many factories open in Jerusalem....
February 8, 2018
Pharmaceuticals sector
Israeli union chief calls for strike over reports of Teva layoff plans
...Teva is scheduled tomorrow to announce a restructuring plan and “additional measures to improve its business and financial performance.”...
December 13, 2017
Pharmaceuticals sector
Teva climbs on report it is mulling 10,000 job cuts
...While overall revenue for the third quarter rose 1 per cent year-on-year, sales at Teva’s generics business suffered an 8 per cent drop....
December 8, 2017

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