Teva Exits Japanese Generics With Plan To Sell Local Business

Firm Registers Impairment Charge Of Almost $600m As Unit Is Classified As Held-For-Sale

Teva is putting its Japanese generics business up for sale, in an exit from the country’s generics market that has led the Israeli firm to register a substantial impairment charge in Q1.

Yen symbol in front of doorway with red background
Teva is facing an exit from its Japanese generics business • Source: Shutterstock

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