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LexJonathan Guthrie
The Lex Newsletter: deus ex machina moments elevate tech and pharma Premium content
...Business bears a large share of blame for America’s opioid epidemic....
August 25, 2023
LexCrocs Inc
Crocs: ugly shoe trend is a thing of beauty for investors Premium content
...Currently North America accounts for two-thirds for the Crocs brand. But the company has been growing quickly overseas....
April 13, 2023
FT Live
Moral Money Summit Americas
Unlocking opportunities for a greener and fairer world
Tuesday, 15 OctoberNew York, USA
Roe vs Wade
Demand for morning-after pill rises in US as abortion restrictions spread
...The surge in sales will boost profits for the two private equity groups, Kelso and Juggernaut, that bought the branded version of the drug from pharmaceutical group Teva in 2017 for $675mn....
February 16, 2023
Green bonds
Green bonds face new questions over authenticity
...Already, in November, pharmaceutical company Teva has raised a record $5bn through a sustainability-linked bond....
November 29, 2021
US opioid epidemic
California counties seek billions from drugmakers in opioid trial
...In opening remarks for Teva, lawyer Collie James said: “The evidence will not support this grand conspiracy theory . . ....
April 19, 2021
Moral Money
‘It’s greenwashing’: Climate Action 100+ members let standards slip Premium content
...A new report from Bank of America this week shows that this “greenium” — the interest gap between GSSS bonds and conventional ones — remains robust at about 3.5 basis points....
February 2, 2022
FT Live
US Pharma and Biotech Summit
Strategies for innovation, pricing and access
Thursday, 16 MayNew York, NY, USA
LexDrug prices
Generic drug costs: a partial cure Premium content
...It contributes to the debate about why drug prices are so high in America. Cheap generic drugs are part of an implicit social contract....
August 26, 2020
Carlo de Notaristefani
Covid needs Big Pharma to set aside old rivalries
...The writer, a former Teva executive, is a lead adviser in manufacturing and supply chain to the US’s Operation Warp Speed For the pharmaceutical industry, working to combat Covid-19 has been palpably different...
February 10, 2021
FirstFT
FirstFT: Today’s top stories
...The top US diplomat warned America was “falling behind” in the green economy....
April 20, 2021
Berkshire Hathaway Inc
Buffett pulls back on banks and bets on drugmakers
...The company already held stakes in the drugmakers Biogen, Johnson & Johnson and Teva Pharmaceuticals and DaVita, a kidney dialysis company. Mr Buffett did not respond to a request for comment....
November 17, 2020
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
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 and the state government finalised the deal ahead of a trial, which was scheduled to begin on Tuesday....
May 26, 2019
Johnson & Johnson Co Inc
Johnson & Johnson ordered to pay $572m in opioid trial
...Earlier this year Purdue Pharma settled the Oklahoma case for $270m without admitting liability, and Israeli drugmaker Teva Pharmaceuticals settled for $85m....
August 26, 2019
FT Magazine
Opioids, bribery and Wall Street: the inside story of a disgraced drugmaker
...The opioid epidemic has shaped America....
June 19, 2020
FT Live
Global Pharma and Biotech Summit
Driving life sciences innovation in a disrupted world
Tuesday, 5 NovemberIn-Person & Online Conference
Law
Top 10 individuals: winner’s mission to share medical data
...In 2015, he advised Mylan on a successful defence against a hostile bid by Teva Pharmaceuticals....
December 10, 2019
US opioid epidemic
OxyContin maker settles state’s opioid claims for $270m
...But he added, there was a “long road ahead”, including a trial against Johnson & Johnson and Teva Pharmaceuticals....
March 26, 2019
City Bulletin
Opening Quote: Reckitt Benckiser cuts full-year revenue guidance
...Alvaro Estevez will also join JPM from Bank of America Merrill Lynch as head of the Emea multinational corporations team. We’re looking to feature more job moves....
October 22, 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
US opioid epidemic
New York sues Purdue Pharma and Sackler family over opioid crisis
...The state’s attorney-general is pressing ahead with its case against Johnson & Johnson and Teva Pharmaceuticals, due to go to court at the end of May....
March 28, 2019
Markets
Biotech billionaire charged in alleged pump-and-dump scheme
...Mr Frost, previously chairman of Teva Pharmaceuticals, was one of 10 individuals and 10 entities charged with generating over $27m from “unlawful stock sales” relating to three unnamed “penny stock” companies...
September 7, 2018
News in-depthEM Squared
Proposed emerging market bond index revamp splits opinion Premium content
...At present, the make-up of the CEMBI indices are based on geography, with all countries in Asia (bar Japan), Latin America, eastern Europe, the Middle East and Africa eligible....
June 20, 2019
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
FT SeriesOpioids and the Sackler family
Billionaire Sackler family owns second opioid drugmaker
...That puts the combined Rhodes-Purdue in seventh place among opioid makers by market share, behind Teva, the generic drugmaking giant, and well ahead of other pharma groups that have been named in lawsuits...
September 9, 2018
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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