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Teva Pharma Wants to Enter China Market via Partnerships

publication date: Aug 16, 2013
Teva Pharma, the global generic drugmaker headquartered in Israel, is aiming at the drug markets of China and Brazil as the next targets for its global expansion. To gain a foothold is these emerging markets, the company will forge strategic alliances, said Jeremy Levin, the company’s CEO, at an investment conference. In the past, Teva made blockbuster acquisitions, but it now emphasizes smaller, more cooperative ventures. More details....

Stock Symbol: (NYSE: TEVA)

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