How Did Teva Become a Pharmaceutical Giant?

In August 2016, Teva completed its purchase of Allergan's generic drug business for $33.4 billion in cash and $5.4 billion in stock
By Edward Hardy ,

Teva (TEVA) - Get Report is the largest generic drug manufacturer in the world and is one of the 15 largest pharmaceutical companies in the world.

With facilities across the globe, the billion dollar company is listed in New York & Tel Aviv and produces around 120 billion tablets and capsules a year across its 87 manufacturing facilities.

In August 2016, Teva completed its purchase of Allergan's generic drug business for $33.4 billion in cash and $5.4 billion in stock.

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