A taste of its own medicine?
February 21, 2017 16:48
Teva Pharmaceuticals, Israel’s biggest
company, has seen its share price
halved as generics eat at its profits,
and leveraged buyouts have left it
burdened with huge debts.
TEVA PHARMACEUTICAL Industries is in trouble. By definition, when the share price of Israel’s oldest and biggest global company plunges 50 percent in one year, it is time to worry and investigate.Teva’s stock-price chart looks like the Himalayas or the Kingda Ka roller coaster in Jackson, New Jersey, the world’s tallest.