Israel Business News: Teva Buys Barr Pharma
by Eric on July 19, 2008
Israeli mega pharmaceutical company Teva has purchased generic rival Barr Pharmaceutical, based in New Jersey.
Anyone who has taken a prescription medication from time to time has undoubtedly taken a Teva drug. The purchase will allow expansion in US and European markets.
About the author
Eric is the founder and editor of IsraelSituation.com. He has been to Israel many times including a semester at Hebrew University of Jerusalem. He is the former president of the Israel advocacy group at the University of Colorado and teaches about Israel and the Media at a local religious school.
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