A global pharmaceutical company, Teva develops, produces, and markets generic drugs covering all major treatment categories.
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Teva is a fantastic company that has been beaten down the past few months due to macro issues. It takes advantage of the patent expirations of pharma giants such as Merck, Pfizer, Bristol Meyers Squibb, etc. It is the biggest generic drug maker and appeals to the masses as an affordable avenue of purchase.
The management team is fantastic and well run. Dr. Philip Frost is a key player on the board and has much experience on his side.