The chief executive of Teva Pharmaceutical Industries — Israel’s largest company — has been summoned to the U.S. to make a deal in the massive opioid litigation. Teva is one of several pharmaceutical giants defending lawsuits over their involvement in the opioid epidemic, which has taken on global proportions and kills, on average, 130 Americans…
Teva Pharmaceutical Industries is a poster child for Israeli economic success. Built from a group of companies founded in the early years of the 20th century, Teva grew to become one of the largest generic drug producers on the planet, with revenue last year at nearly $19 billion. But it has come under increasing criticism…
TEL AVIV (Reuters) – Israel-based Teva Pharmaceutical Industries will unveil a restructuring plan on Thursday that will include laying off more than half its Israeli workforce, the Calcalist financial news website said. Teva’s plan includes closing its research and development center in the coastal city of Netanya, selling its logistics center in Shoham and cutting…
An Israeli executive has accused Avis of declining to accept his Israeli documents when he tried to rent a car in New York City. Dov Bergwerk, a senior vice president at the pharmaceuticals giant Teva, told the New York Observer that the reservations agent at a Manhattan branch of the car rental firm said it…
Crossposted From Under the Fig Tree When people talk of travel as broadening, they usually have Paris in mind, not Toledo, Ohio. But as I discovered recently, travelling to the heartland of America can be just as eye-opening. I had come to the University of Toledo to deliver an illustrated lecture about the Ten Commandments…
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