Global Transformation? Sun Pharma Names Former Teva CEO Israel Makov As Chairman
This article was originally published in PharmAsia News
Experts say the Indian pharma’s strategy may be to drive high growth in RoW markets and enable a transition to professional management.
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Will The Next Teva Be From India? Global Scale, Product Mix, And A Strong Balance Sheet Can Trigger Big M&As By Indian Pharma
MUMBAI - News reports of Teva Pharmaceutical Industries Ltd. CEO Shlomo Yanai's recent visit to India sparked rumors that the company may have finally set its sights on the Indian market via a joint venture with Cipla Ltd. But even as the world's largest generic company toys with the idea of entering the sub-continent, leading analysts predict that the next Teva - referencing its multi-fold growth in the last six years - could soon emerge out of India
Former Teva CEO Israel Makov On Hurdles For Innovative Drug Companies Entering Generics Space: An Interview With PharmAsia News
Israel Makov's four years as generic giant Teva's chief executive officer, until 2007, were the most outstanding for the company as it took up patent challenges on billion dollar brands while making deep inroads into the innovation domain with its multiple sclerosis brand Copaxone. Makov now heads medical devices company Given Imaging, but is still very closely following movements in the global generic drug industry. Makov met with PharmAsia News' India bureau chief on the sidelines of the recent BioPharma Asia conference in Singapore to speak about his past experiences and what lies ahead for the industry - from generic chemical drugs to biosimilars.
Deal worth $7.4 bil. brings Teva a new subsidiary that participates in the authorized generic market.