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North America
International Markets
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Improving health since 1901
Teva Time Capsule
Teva Time Capsule
Each capsule, pill, inhaler, and active pharmaceutical ingredient is a Teva time capsule that reflects the unique journey we embarked on more than 120 years ago.Since Teva’s establishment in Jerusalem in 1901, our aim has been to help patients live longer, healthier lives. As we work to find solutions to tomorrow’s biggest healthcare challenges, we look back with pride at our humble beginnings and past accomplishments.
When, over a century ago, Chaim Salomon, Moshe Levin, and Yitschak Elstein came together in Jerusalem to form a small pharmaceutical business, they could not have imagined that their company would go on to be a world leader in the industry.
1901-1930
Established in Jerusalem in 1901, the company known today as Teva starts out as a small wholesale drug business that distributes imported medications.
1930-1940
Conditions are ripe for establishing a local pharmaceutical industry. New manufacturing plants are founded and quickly gain momentum.
1940-1960
The local drug market expands rapidly. Established pharmaceutical manufacturing companies grow, including Teva.
1960-1980
A period of consolidation in the Israeli pharmaceutical industry begins, and culminates in the formation of Teva Pharmaceutical Industries Ltd.
1980-1990
Teva expands internationally, capitalizing on the passing of the Hatch-Waxman Act to enter and transform the US market in the generics sector, marking the start of a period of robust growth.
1990-2000
Establishing a strong multinational presence, Teva invests in a series of acquisitions that extend its global reach in the US and Europe. The company assumes leadership of the US generics sector, and launches its first specialty medicine.
2000-2010
A leader in global markets
Teva continues to invest in major acquisitions of Canadian, US and EU pharmaceutical companies with subsidiaries in Latin America and elsewhere. Teva becomes the largest generic pharmaceutical company in North America, and strengthens its worldwide presence while broadening its pipeline and product offerings.
2010 – Today
Teva offers the world's largest medicine cabinet, providing medicines to about 200 million people around the world every day. With one of the most competitive operational networks in the industry, Teva now produces 1,800 unique molecules and a portfolio of 3,500 products, spanning generics, specialty and over the counter medicines.
From our humble beginnings, to shaping the worldwide generic medicine industry, we are now embarking on a new biopharmaceutical journey. Much has changed in healthcare since Teva was established over a century ago. But what has remained consistent is our deeply-rooted desire to offer accessible and innovative ways to help people live healthier lives.
