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Teva CFO Eyal Desheh: We appreciate the strong support we received which stems from the compelling economics of this transaction
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Teva CFO Eyal Desheh: We appreciate the strong support we received which stems from the compelling economics of this transaction
The deal, the largest ever acquisition by an Israeli company, is in cash and shares.
Teva declined the chance because it does not operate in the store-brand OTC market, Perrigo's main activity.
Tamir Capital is invested in Proneuron, which successfully sued Teva for abuse of a license for its product.
"Reuters" said the settlement would be the largest ever paid over allegations of delaying generic drugs.
Teva will pay Eagle $30 million upfront and up to $90 million in milestone payments.
Teva says that the move is designed to reduce its finance costs.
The ruling means Teva’s flagship multiple sclerosis treatment’s patent remains valid until September 2015. The US Supreme Court has ruled in favor of...
Bloomberg reports that increased competition with cheaper generics may push Teva to make a major acquisition soon. Perrigo Company (NYSE:PRGO; TASE:PRGO) may be a...
– The QNASL nasal spray, approved in 2012 for adults, treats nasal symptoms of allergic rhinitis, including hay fever, in children. Teva Pharmaceutical Industries...