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Teva Pharmaceutical Industries Ltd. , with headquarters in Petach Tikva, Isreal, is among the top 20 pharmaceutical companies and among the largest generic pharmaceutical companies in the world. The company develops, manufactures and markets generic and innovative human pharmaceuticals and active pharmaceutical ingredients. Close to 90% of Teva's sales are in North America and Europe.

Formerly: Teva Pharmaceutical Industries Limited
 

DETAILS  
ETFs QQQQ
Sector Healthcare
Industry  
URLs http://www.tevapharm.com
Ticker (NASDAQ: TEVA)
SIC 2834 - Pharmaceutical Preparations
Founded  
IPO  
   
Linked to  
   
 
 
HISTORY TYPE Divestiture / Closures of Businesses
     
     
 
HISTORY TYPE Acquisitions / Strategic Investment
Nov 24, 2005   Received unconditional approval from the European Commission to proceed with Teva's acquisition of IVAX.
Oct 27, 2005   Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) and IVAX Corporation (AMEX: IVX) announced that, at separate shareholder meetings held earlier today, their shareholders overwhelmingly approved the respective proposals submitted to them relating to the acquisition of IVAX by Teva. In excess of 98% of both the Teva shares and the IVAX shares voting voted in favor of the transaction.
Oct 11, 2005   Received a request for additional information (commonly referred to as a “second request”) from the U.S. Federal Trade Commission (FTC) in connection with Teva’s pending acquisition of IVAX. The effect of the second request is to extend the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR) waiting period until thirty days after the parties have substantially complied with the request, unless that period is terminated sooner by the FTC.
     
Jul 25, 2005 DA2A IVAX Corporation (AMEX: IVX) - the terms of the agreement, shares of IVAX common stock will, at the election of the shareholder, be converted into either $26 in cash or 0.8471 TEVA ADRs, subject to proration such that no more than one-half of such elections are for cash and no more than half are for TEVA ADRs. Based upon the NASDAQ average closing price of TEVA's ADRs in the 5 days up to and including July 22, 2005, the transaction has a total indicated purchase price of approximately $ 7.4 billion. As a result of the transaction, it is expected that IVAX shareholders will own approximately 15% of TEVA on a fully-diluted basis.
     
Dec 1, 2004 TC Pfizer's Italian generic pharmaceutical marketing company, Dorom S.r.l., one of the largest suppliers of generic pharmaceuticals to the Italian retail market. Cash acquisition valued at up to 2.3 times sales- Dorom’s sales for the 12 months ended June 30, 2004, were approximately 30 million Euro (approximately $37 million at current exchange rates).
Jan 22, 2004 TC Sicor Inc. (Nasdaq: SCRI), which was previously announced on October 31, 2003 and approved by Sicor's shareholders on January 16, 2004.
 
Nov 7, 2003   Teva Pharmaceutical Industries Ltd. (Nasdaq: TEVA) announced today that it and Savient Pharmaceuticals, Inc. had mutually agreed to terminate their acquisition discussions because they could not reach agreement on terms.
Oct 31, 2003 DA2A SICOR Inc. (Nasdaq: SCRI) - the terms of the agreement, each share of SICOR common stock will be exchanged for $16.50 in cash and 0.1906 Teva ADRs. Based upon the NASDAQ closing price of Teva's ADRs on October 30, 2003, the indicated combined per share consideration for each outstanding share of SICOR Common Stock amounts to $27.50, or a total indicated purchase price of approximately $3.4 billion. As a result of the transaction, SICOR’s shareholders will come to own approximately 7% of Teva on a fully-diluted basis.
Oct 3, 2003   Teva Pharmaceutical Industries Limited (NASDAQ: TEVA) confirmed today that it is in discussions concerning the possible acquisition for cash of Savient Pharmaceuticals, Inc. (NASDAQ:SVNT). The discussions are at a preliminary stage, and any transaction is subject to completion of satisfactory due diligence, negotiation and completion of definitive documentation and other customary conditions.
Jul 1, 2002 TC French generic operations of Bayer Pharma S.A. - Bayer Classics S.A. and a production site located in Sens. - purchase price of €97 million.
May 21 2002   Honeywell Pharmaceutical Fine Chemicals S.r.l. (HPFC S.r.l.) - producer of active pharmaceutical ingredients (API), had total sales in 2001 of approximately $55 million.  | Linked to: Honeywell International Inc.
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
   
 
TYPE  
DA2A (DA2M) Definite Agreement to Acquire (Merge)
DA Definite Agreement
TC Transaction Completed
TND Terms of the transaction were not disclosed
TO Tender offer

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