North Wales
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North Wales-based Teva proposes $5B debt plan
Just a few weeks after announcing layoffs of more than 200 employees throughout the Philadelphia region, Teva Pharmaceuticals is asking the Securities and Exchange Commission to approve a debt plan to raise $5 billion. Based in Israel, Teva — the world’s largest manufacturer of generic drugs — has its North American headquarters in North Wales.…
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Teva Pharmaceutical to cut 200 jobs in North Wales
Teva Pharmaceutical Industries will eliminate more than 200 jobs from its North Wales location, and 14,000 globally as part of a cost-saving restructuring plan. The Israeli generic drug maker, which calls North Wales its U.S. headquarters, said last month it would eliminate more that 25 percent of its total work force — over the next two years. It…











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