Generics Stalwart Teva Has Turned A Corner In Its Specialty Medicines Business

2025-11-14 10:38:47 ET

Thesis

Teva Pharmaceutical Industries Limited ( TEVA ), founded in 1901 and based in Israel, has developed into one of the world’s leading generics drug companies. They rank closely with Sandoz ( SDZNY ), Viatris ( VTRS ) – formed in 2020 as a merger between Upjohn and Mylan – Sun Pharma, and Dr. Reddy’s ( RDY ), all of which have developed over several decades the capacity to leverage their size and manufacturing capabilities to claim a decent share of the market. These companies operate a kind of oligopoly in this niche space....

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