Teva Pharmaceutical Industries Ltd. is a global pharmaceutical company that is predominantly engaged in the development, production, and marketing of generic medicines and specialty pharmaceuticals. I... Teva Pharmaceutical Industries Ltd. is a global pharmaceutical company that is predominantly engaged in the development, production, and marketing of generic medicines and specialty pharmaceuticals. Its primary function is to provide affordable healthcare solutions through its vast portfolio of generic drugs that cater to a wide array of health conditions. Teva is a key player in the healthcare industry, impacting both the generic drug market and the specialty medication segment, which includes treatments for central nervous system disorders, oncology, pain management, and respiratory conditions. With a strong presence in over 60 countries, the company plays a crucial role in healthcare systems by enhancing access to essential medicines, thus significantly influencing the pharmaceutical market dynamics worldwide. As a leader in generic medicine production, Teva contributes to reducing overall healthcare costs and expanding medication availability. Founded in 1901 and headquartered in Israel, Teva Pharmaceutical Industries Ltd. continues to innovate within the pharmaceutical landscape by focusing on the development of new drug formulations and delivery systems, maintaining its position as a critical entity in the global pharmaceutical industry.
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