Running head: CAse #21: Teva pharmaceutical Industries, ltd 1Case #21: Teva Pharmaceutical Industries, LTDHolly Jones American Public University
CAse #21: Teva pharmaceutical Industries, ltd 2AbstractIn the early 1900s, Salomon, Levine, and Elstein (SLE) started a company that was based out of Jerusalem that would provide wholesale generic drug to distributors. In the 1930s refugees who escaped from Nazi Germany to Palestine to start up small drug manufacturing plants. After goingthrough ups and downs throughout the years, Teva has become one of the largest distributors for generic medication throughout the United States, Europe, and the rest of the world. Becoming one of the largest distributors has come with its own set of challenges, learning what countries needed from its medication and how to produce medications for them in the best way that they could. The vision of the company was to be the most indispensable medicine company for the world, executing on our obligation to our patients, customers, shareholders and employees (Teva,n.d.).
CAse #21: Teva pharmaceutical Industries, ltd 3Case #21: Teva Pharmaceutical Industries, LTD“Established in 1901, today we rank among the 10 top pharmaceutical companies in the world. Headquartered in Israel, Teva is active in 60 countries, with over 46,400 dedicated employees worldwide” (Teva, n.d.). Throughout the years, Teva has been making its way around the world and becoming one of the largest generic distributors. By following the company’s values (integrity, respect, collaboration, excellence, and leadership), became one of the most successful competitors to other generic drug companies. With the resources and opportunities that Teva has been offered, they have taken them and have applied them towards making a successful company.
You've reached the end of your free preview.
Want to read all 7 pages?
- Spring '14
- Generic drug, Teva, Teva Pharmaceutical Industries