New CEO Richard Francis outlined the company’s new focus on innovative brands, funded by a portion of capital reallocated from Teva’s generics business.
Teva's growth pillars will support innovation over generics • Source: Shutterstock
Teva Pharmaceutical Industries Ltd. – a company best known for selling generic drugs – said it will pivot more towards innovative drugs in the future as the headwinds for generic drugs continue to mount.
Teva has been struggling to increase revenue since 2017 but has a new strategy for growth over the next five...
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