News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

Teva Pharmaceutical Industries Limited (TEVA) Completes Acquisition Of IVAX Corporation (IVX); Strengthens Global Leadership In Generics, Adds New Product Lines And Growth Markets



1/26/2006 11:36:40 AM

JERUSALEM, Israel--(BUSINESS WIRE)--Jan. 26, 2006--Teva Pharmaceutical Industries Ltd. (Nasdaq:TEVA) announced today that it has completed its acquisition of IVAX Corporation (AMEX:IVX). The combined company, which will operate under the Teva name, will have a presence in over 60 countries and will employ approximately 26,000 people. The two companies generated over $7 billion in revenues for the 12 months ending September 30, 2005.

Read at BioSpace.com


comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES