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Underwriters buy additional $658 mln in Teva Pharm shares
2016-01-03 12:51:22| Biotech - Topix.net
Jan 3 The underwriters for Teva Pharmaceutical Industries' share offering last month have exercised their over-allotment option to purchase additional shares worth $658 million. Teva, the world's biggest generic drugmaker, will use the funds to finance the cash portion of its planned $40.5 billion purchase of Allergan PLC's Actavis generics business.
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Teva Pharmaceutical Industries Ltd (TEVA) Earns Buy Rating from Analysts at Mizuho
2015-12-14 04:17:40| Biotech - Topix.net
The brokerage set a "buy" rating and a $79.00 price target on the stock. Mizuho's price objective would suggest a potential upside of 22.50% from the company's current price.
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Teva Gets FDA Approval For Cancer Drug
2015-12-08 17:23:41| Biotech - Topix.net
Israel's Teva Pharmaceutical Industries said the U.S. Food and Drug Administration approved an injectable and infusion version of its cancer drug bendamustine. The drug, sold under the brand name Bendeka, is approved for treating cancer patients with chronic lymphocytic leukemia and indolent B-cell non-Hodgkin lymphoma.
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AstraZeneca, Teva reach deal with states in Medicaid pricing
2015-11-04 17:31:54| Biotech - Topix.net
Drugmakers AstraZeneca Plc and Cephalon, a unit of Teva Pharmaceutical Industries Ltd, reached a multistate accord on Wednesday over civil charges they overbilled state Medicaid programs, the New York Attorney General announced. The settlement with the states comes after the U.S. Justice Department settled parallel civil charges with both companies in July.
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Teva Pharm to buy Mexican drugmaker Rimsa for $2.3 bln
2015-10-02 04:40:14| Biotech - Topix.net
Teva Pharmaceutical Industries has struck a deal to buy Mexican drugmaker Representaciones e Investigaciones Medicas SA for $2.3 billion to strengthen its presence in Latin America. It is Teva's second major acquisition in recent months.
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