Connect with us

Hi, what are you looking for?

Jewish Business News


Teva CEO: The industry is undergoing a shakeup

Erez Vigodman: Size isn’t everything; it’s important to be better.

Erez Vigodman- TEVA

“Size is important in the industry, but it isn’t everything. It’s important to be better. You have to make acquisitions that will suit the company’s strategic direction and contribute to its differentiation, not just in order to be bigger, ” Teva Pharmaceutical Industries Ltd. (NYSE: TEVA; TASE: TEVA) president and CEO Erez Vigodman said at a conference of Sanara Ventures, a joint technology incubator of Teva and Royal Philips Electronics focusing on medical equipment and technologies. Teva is in the midst of an attempt to take over Mylan Pharmaceuticals (MYL), its competitor, in a deal worth over $40 billion.

In a talk with Royal Philips CEO Frans van Houten and Sanara CEO Assaf Barnea, Vigodman was asked about the mergers and acquisitions trend in the industry (there were several recent mega-deals in the medical equipment industry)…

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.


GLOBES logo-eng (1) Published by Globes [online], Israel business news –



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News