Why is there only one Teva?
" (11 Nov 2004, Globes online)
Leading text: "Why is there only one Teva with annual sales of more than $4.0b? Why has Serono closed down InterPharm? What role do Government support programs play in nurturing a multinational?
Teva Pharmaceuticals was the result of the merger of three companies: Assia, Zori and Teva. The development of this group reflected the rise of the pharmaceutical industry in Israel. The first milestone was a warehouse for drugs established in Jerusalem in 1901 by Haim Solomon and Moshe Guttel Levin. The initiative to establish a local pharmaceutical industry arose in the early 1930s..." [FullText] [Comment at MyRehovot.Info]


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