The company, now known as Teva, started as a small business in Jerusalem in 1901. Since then, it has grown significantly, and is now one of the 15 largest pharmaceutical companies and a world leader in generics, original and biopharmaceutical drugs.
The company, now known as Teva, started as a small business in Jerusalem in 1901. A young company named after its pharmaceutical founders Salomon, Levin and Elstein Ltd. it imported medicines and further distributed them using mule-drawn wagons and camel caravans.
Over the next decades, the company grew rapidly as the demand for locally produced medicines increased. In 1976, the company adopted the name Teva (a Hebrew word for nature) Pharmaceutical Industries Ltd.
Teva has achieved significant expansion around the world through numerous successful acquisitions, which have led to the integration and strengthening of our expertise and skills in the field of innovative and generic medicines as well as in new therapeutic areas and emerging markets. Today, Teva is one of the world’s 15 largest pharmaceutical companies.