Teva Pharmaceuticals Mexico
Teva in Mexico
Teva Pharmaceuticals , originally founded in Israel , opened its Mexican branch in 2004 , after the acquisition of IVAX Corporation and the SICOR group .
Entrance to Teva ’ s HQ in Mexico
After operating in Mexico for ten years in the pharmaceutical industry with world-class laboratories , Teva Pharmaceuticals Mexico is currently a leading company within its sector , standing out for investing in research and development in Mexico , with more than $ 7 million investments in research centers , contributing also to medical developments in the country .
The solid backing of Teva as a brand name , which is the world ’ s largest generic drug manufacturer , implies considering the following figures :
• $ 20.3 billion in revenue
• Formal presence in 60 countries
• Distribution in a total of 120 countries
• 46,400 employees worldwide
• 71 billion pills and tablets produced yearly
All these facts contributed to the Mexican branch ’ s domestic consolidation both in the public health sector as well as with private practice , via retail drugstore chains , public health agencies , hospitals , and private medical centers .
84 January 2015