Teva Pharmaceutical Industries Plan to Expand

teva-pharmaceuticalsTeva Pharmaceutical Industries, the Israeli generic drug-maker, plans to expand it’s pharmaceutical company this year through a number of acquisitions, potentially creating new pharmaceutical jobs in the process.

From 2012, the pharmaceutical giant plans to triple its annual revenue in women’s health to $1 billion. In addition, Teva also plans to expand its presence in oncology. The company has recently signed a $344 million deal with US biotech company Mersana Therapeutics, for marketing rights for Mersana’s cancer drug XMT-1107.

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