Teva

The curse of being Israel's most valuable company

Tower's share price has jumped nearly 900% in the past five years, but less than 24 hours after reaching the top, the world's chip stocks plummeted, and Tower's share price tumbled 10.79%

In January, Israel’s Ministry of Defense signed a multi-year contract with Semiconductor Devices valued at approximately $115 million (NIS 380 million).
The logistics center of Teva Pharmaceutical Industries in Shoham

Mega deal: Teva acquires Emalex for approximately $900 million

Noam Zilbershtain, senior vice president and general manager, HP Indigo; Adi Soffer Teeni, CEO of Meta Israel, vice president and member of the EMEA leadership team; and Karin Mayer Rubinstein, CEO and president of IATI.

IATI CEOs Forum meets in Kiryat Gat to discuss multinational industry resilience

Amalia Adler-Waxman, Iris Gilboa, Yael Ashman, receiving the Keshet award for promoting gender equality in corporations, presented by Ilan Flato and Anat Pilzer-Somech at the Tel Aviv Stock Exchange.

Teva honored for gender equality as women reach 43% of senior management in Israel


A tribute to companies whose products have become Israeli icons worldwide

ZIM​ CEO Eli Glickman pays homage to the CEOs of Teva Israel, Mehadrin, Keter Plastic, and other prominent Israeli companies

ZIM CEO Eli Glickman, to Teva Israel CEO Avinoam Sapir

Media Comment: Media-assisted legal irresponsibility

We need remind ourselves that all instruments of power, governmental and non-governmental, are never totally free of weaknesses.

A general view shows seagulls in Ashdod port as a storm approaches Israel's shores January 4, 2018.

Warren Buffett wagers big on Teva, and on Israel

The purchase initially sent share prices soaring by 12 percent.

Warren Buffett, chairman and CEO of Berkshire Hathaway

Beit Berl College to re-train former Teva workers as chemistry teachers

The Education Ministry will cover the cost of tuition loans that will convert into grants after two years of teaching in the field.

Teva Pharmaceutical Industries building in Jerusalem.

Outrage as Teva charges $18,275 for generic drug in US

B "Teva Pharmaceutical's new generic version of the drug Syprine… will cost 28 times what Syprine cost in 2010. We have a crisis in drug prices in this country," Senator Bernie Sanders said.

THE TEVA building in Jerusalem.

Embattled Teva fined NIS 75m. for bribing foreign officials

This comes as the company is laying off thousands of workers in an effort to balance its books

A TEVA Pharmaceutical Industries building is seen in Jerusalem last year. (Ammar Awad/Reuters)

Teva delays 33% of Jerusalem layoffs until 2019

The company making its first gesture, albeit a small one, to the workers and the Histadrut.

People protest outside a Teva Pharmaceutical Industries facility in Jerusalem on December 14

This week in Jerusalem: Life after Teva

A proposal was made that there should be an incentive to other firms in Jerusalem to absorb as many dismissed Teva employees as possible.

People protest outside a Teva Pharmaceutical Industries facility in Jerusalem on December 14

Teva’s collapse – Israel’s biotech recovery

Over the past two years, Teva lost $57b. of value, leaving it with a remaining market value of $19b. It owes about $35b.

THE TEVA building in Jerusalem.

Value of Israeli mergers and acquisitions deals drops in 2017

The average price of each transaction fell by about 38%, but there was a slight 9% in the number of transactions this year, up to 131 M&A deals.

Tel Aviv stock exchange