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Teva Hits Pause On Business Development, Even As Some Deals Stumble

Executive Summary

Teva CEO Erez Vigodman said the company will step away from business development for the “foreseeable future” while it digests the acquisition of Allergan’s generic drug business.

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Teva CEO Steps Down While An Integration Hangs In The Balance

After a damaging court ruling on Copaxone 40 mg and some management missteps, CEO Erez Vigodman will step down as CEO of the Israeli generic drug leader. Chairman Yitzhak Peterburg will fill in on an interim basis.

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