Teva CEO: $40.5 Billion Deal Is Just the Beginning

Teva Purchasing Allergan's Generics Unit in $40.5B Deal

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Teva Pharmaceutical Industries Ltd.’s chief executive officer doesn’t see his $40.5 billion deal to acquire Allergan Plc’s generic unit as the end of the company’s deal-making.

“The industry has been undergoing a huge change that’s maybe the most profound disruption that the pharma industry has been witnessing,” CEO Erez Vigodman said in an interview Monday. “You cannot sit still.”