Teva

5 May 2017

In the late 1940’s and 50’sTeva and other Israeli pharmaceuticals emerged because big pharmaceuticals were not setting up a presence in Israel and private investors shied away. The lack of presence and investment were due to action taken in 1945 by the Arab League of Nations boycotting any company that did business with Israel. c. Teva set itself apart from its competitors in Israel by looking forward; they saw hat consolidation allowed growth having one company offer full complement of products.

They have also used Jewish universities to perform R&D which allowed them to enter the innovative market at a lower R&D, this was not Just successful in the Israel market but in the worldwide market. Teva has vulnerabilities in a few fronts. Competitive front: a. The large pharmaceutical threaten Tiva’s market share by starting up their own generic arms. Novartis has done this with Sandoz. b. Large pharmaceuticals are partnering with generic drug companies to file the

ANDA and getting the 180 day exclusivity. c. Teva also has more competitors from emerging countries that want to take some market share. Strategic front: Teva is spreading into the innovative market and biosimilars. This is increasing their R&D and may lead them away from their core business. Managing Growth through acquisition: Teva has been acquiring and consolidating the market since its inception. They are currently doing this on a global scale. As of 2009 thy have grown to $14 Billion in

How to cite this essay

Choose cite format:
Teva. (2017, May 12). Retrieved August 15, 2019, from https://newyorkessays.com/essay-teva/
A limited
time offer!
Get authentic custom
ESSAY SAMPLEwritten strictly according
to your requirements