Teva Pharmaceutical Industries is the world's largest generic medicines company, supplying roughly one in every six generic prescriptions filled in the United States and operating across more than 60 countries. Founded in Jerusalem in 1901, the Israeli-headquartered business has grown into a global leader with a dual focus on generic pharmaceuticals and a focused portfolio of branded specialty medicines.
Teva's generics business underpins the company's identity. Its manufacturing network produces a vast range of solid oral doses, injectables, and respiratory products, serving retail pharmacies, hospital systems, and government procurement agencies worldwide. The company has also built a growing biosimilars division, seeking to bring lower-cost biological medicines to patients in oncology, immunology, and other high-cost therapy areas as reference products lose patent protection.
On the branded side, Teva's most significant commercial asset is AUSTEDO (deutetrabenazine), approved for tardive dyskinesia and Huntington's disease chorea, and one of the company's primary revenue growth drivers in recent years. The company also markets AJOVY (fremanezumab), a calcitonin gene-related peptide inhibitor for migraine prevention, reflecting a sustained commitment to central nervous system disorders. Teva's respiratory franchise, built in part around the ProAir and QVAR brands, further diversifies its branded presence.
Teva trades on the New York Stock Exchange under the ticker TEVA and on the Tel Aviv Stock Exchange, giving it a dual-listed profile unusual among its peers. Headquarters are in Tel Aviv, Israel, with major operational hubs across the United States, Europe, and Israel. The company has faced significant financial restructuring over the past decade following its 2016 acquisition of Allergan's generics business, and has pursued a multi-year transformation plan centred on debt reduction and portfolio rationalisation.
Further information is available at tevapharm.com.