Pharma firm Teva to divest its business venture in Japan
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Teva Pharmaceutical Industries announced it will transfer ownership of its generics business venture in Japan to JKI.
December 06, 2024 | 12:00 am
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Teva Pharmaceutical Industries is divesting its generics business in Japan, transferring ownership to JKI.
The divestment of Teva's generics business in Japan could streamline its operations and focus on other markets. However, the immediate financial impact is unclear, leading to a neutral short-term price direction.
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