6 Most Valuable Israeli Companies – All Above $10 Billion in Stock
Israel now has six major publicly traded companies with a value above $10 billion. it’s most valuable, Wix, is rated lower than 900 worldwide. list of all However, breaking the $10 billion mark is a really More...
Teva at the center of a conspiracy to raise drugs prices: “Deception against the American people”
Israeli company Teva significantly raised the price of 112 generic drugs and coordinated with more than a dozen companies, the cost of at least 86 medications with its competitors. In some cases, prices increased More...
Teva pays Illinois $135 million fraud settlement
The Israeli Teva Pharmaceutical Industries will pay $135 million to the State of Illinois to settle a lawsuit regarding a 14-year Medicaid program pricing fraud, Illinois Attorney General Lisa Madigan has announced. Illinois More...
Teva entered the FDA’s shame list
The Food and Drug Administration (FDA) published the list of shame, which includes 40 pharmaceutical manufacturers trying to block generic drug competition. Among the companies are giants such as Novartis, More...
Buffett doubled his investment in Israeli Drugmaker Teva to 4%
Warren Buffett‘s investment company doubled its investments in Israeli drugmaker Teva in the first quarter of 2018, according to Berkshire’s update on its U.S. stock portfolio with the Securities More...
Allergen, The Mohawk Indian Tribe and What is The Connection to Teva
The creative attempt by the drug company Allergan to fight generic competition by Mylan and Teva failed, and not for the first time. The appeals committee of the US Patent Office on Friday rejected an More...
Warren Buffett boosts Teva with $358 million investment for 1.8%
Teva shares rose 6% at the end of trading in New York after Berkshire Hathaway, the investment company controlled by Warren Buffett, revealed that it holds 18.9 million shares of Teva, which is 1.8% of More...
Israeli authorities Fines Teva $22 Million for Corruption
After a $500 million penalty in the US, Teva Pharmaceutical will be fined NIS75 million in Israel for involvement in a corruption scandal in Eastern Europe, and Mexico. On Monday, the State Prosecutor’s More...
Crisis at Teva: Israel’s greatest battle of layoffs
The huge layoffs that Teva Pharmaceutical Industries is supposed to announce tomorrow will mark the beginning of a big battle with the company’s employees, the Union (Histadrut) and the political More...
Israeli Troubled Teva appoints Kare Schultz CEO
Teva‘s share price is up by more than 8% on the Tel Aviv Stock Exchange after the Israeli pharmaceutical company Named its new Kare Schultz as President and Chief Executive Officer. Kare Schultz, More...