Tags: Teva

Israel’s Teva, world’s largest generic drug company, is under police investigation

Israeli company Teva, “the world’s biggest maker of generic drugs… is being investigated by Israeli police in connection with a bribery case it settled with US authorities last year.” Teva and its wholly owned Russian subsidiary agreed to pay more than $519m to settle charges that it violated US anti-bribery laws by making improper payments to government officials in Russia, Ukraine and Mexico to boost drug sales…”