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Drugmaker Teva faces a disaster

LONDON — To the remainder of the world, Teva Pharmaceutical Industries is solely one of many world’s greatest makers of generic medication. In Israel, it’s the company model of a nationwide superstar.

The primary homegrown, world success story and certainly one of Israel’s largest employers, Teva is each a supply of satisfaction and a logo of the nation’s monetary ambitions. Its place within the Israeli public’s creativeness is much like the one Normal Motors, in its heyday, occupied in America — however in a nation with a inhabitants in regards to the dimension of New York Metropolis. The corporate’s shares are owned by so many pension funds that it’s identified informally because the folks’s inventory.

Immediately, lots of these individuals are livid.

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Author: Techno Info

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