Pharma Deals Review, Vol 2017, No 10 (2017)

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Teva Divests Women’s Health Portfolio in a Move to Reduce Debt

Natasha Piper

Abstract


Teva Pharmaceutical Industries has sold its women’s health portfolio in three separate agreements with total proceeds of US$2.48 B in order to pay off some of its acquired debt. The company has been struggling financially due to a combination of expensive acquisitions, pricing pressures in the generics market, and delayed drug launches.

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