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Teva Seals Deal for NJ HQ

The Israeli drugmaker and NJ Governor Murphy formalize North America headquarters move with ceremony in Israel

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Teva Pharmaceuticals executives Kåre Schultz and Brendan O’Grady, alongside State of New Jersey Governor, Phil Murphy, formalized Teva’s commitment to consolidate its North America Commercial business areas into New Jersey at the company’s global headquarters in Petach Tikva, Israel.   Announced earlier this year as part of a global restructuring process, Teva will establish its North America headquarters in Parsippany-Troy Hills, including more than 1,000 high-wage jobs and the transfer and c...

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