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Teva Pharmaceutical Loses Third of Its Value In Two Days

Trade at the Tel Aviv Stock Exchange opened Sunday with a sharp downturn, with Teva Pharmaceutical’s shares dropping by 18% and dragging the leading indices with it. Read more

Teva Pharmaceutical Will Cut 7,000 Jobs and Close Plants

The world’s biggest maker of generic drugs said Thursday that it will cut 7,000 jobs by year’s end, close or sell 15 factories over the next two years, and quit operations in 45 countries by the end of 2017. Read more

Israel Police Investigate Teva Pharmaceutical

The police’s national fraud unit has launched an investigation into suspicions that Teva Pharmaceutical Industries bribed officials abroad a month and a half after the company settled a similar case in the United States. Read more

Teva CEO Steps Down

Erez Vigodman, the Chief Executive Officer of the Israeli generic drugmaker giant Teva Pharmaceutical Industries stepped down effective immediately on Monday, the company said. Read more

Teva Bribery Settlement Raises Questions on Argentina, Romania Probes

A half-billion dollar settlement reached between Teva Pharmaceutical Industries Ltd. and the US government last week for the resolution of criminal charges in the bribery of officials in Russia, Ukraine and Mexico raises questions about the fate of other Teva bribery probes, in Argentina and Romania. Read more

Teva Fined $519M By US Government For Foreign Bribes

Israeli pharmaceutical giant Teva will pay $519 million to settle US charges of bribery of foreign officials to win business in Russia, the Ukraine and Mexico, US officials announced Thursday. Read more

Israeli Pharmaceutical Giant Teva Investigating Bribery Accusations In Romania

The Israeli pharmaceutical giant Teva has reportedly been in the midst of an internal investigation into bribery allegations that the company has been bribing Romanian healthcare workers into prescribing its medication. Read more