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Teva Pharmaceuticals
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Teva announces 250 layoffs at Israel plant after failed sale
The move comes as Teva advances plans to divest its API unit, Teva Active Pharmaceutical Ingredients (TAPI), a process first announced in January 2024.
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Teva secures USD400M from Blackstone to advance bowel disease drug development
The Israeli pharmaceutical company will receive the funding over four years to support ongoing trials of the anti-TL1A antibody, which Teva is co-developing with Sanofi.