financetom
Business
financetom
/
Business
/
Teva Pharm CEO says drugs sector facing 'big ambiguity' over US tariffs
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Teva Pharm CEO says drugs sector facing 'big ambiguity' over US tariffs
Jul 30, 2025 7:28 AM

JERUSALEM, July 30 (Reuters) - The CEO of Israel's Teva

Pharmaceutical Industries said on Wednesday there was

"big ambiguity" and "so many unanswered questions" in the drugs

sector regarding potential U.S. tariffs, but the company was

positioned for minimal impact.

Richard Francis said 70% of Teva's generics business was

outside of the United States while most of its branded drugs

business was in the U.S., with its largest drug - Huntington's

Disease treatment Austedo - manufactured there.

He told Reuters after Teva issued second-quarter

earnings that it had a favourable supply chain - no reliance on

China and very little in India. "Those aspects just set us up in

the face of this change, probably a lot better than our

competitors," he said.

"I feel we have the ability to put ourselves in a good

position here, with the caveat - I need to know the details."

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Intellia Therapeutics Launches Phase 3 Trial of Investigational Hereditary Angioedema Treatment
Intellia Therapeutics Launches Phase 3 Trial of Investigational Hereditary Angioedema Treatment
Oct 7, 2024
08:12 AM EDT, 10/07/2024 (MT Newswires) -- Intellia Therapeutics ( NTLA ) said Monday it has launched a global phase 3 trial to assess the efficacy and safety of NTLA-2002 in 60 adults with Type 1 or Type 2 hereditary angioedema. The trial's primary endpoint is the change in number of hereditary angioedema attacks from the fifth week to the...
AerCap Reports Q3 Asset Sales, Acquisitions, Lease Agreements
AerCap Reports Q3 Asset Sales, Acquisitions, Lease Agreements
Oct 7, 2024
08:13 AM EDT, 10/07/2024 (MT Newswires) -- AerCap ( AER ) , an aviation leasing company, said Monday that it completed 41 asset acquisitions, 25 asset sales, and signed 160 lease agreements during Q3. The acquisitions include 27 airplanes, 13 engines, and one helicopter. The sales include 18 airplanes, four helicopters, and three engines. And the lease agreements covered 107...
Walgreens names Optum's Jason Stenta as chief commercial officer
Walgreens names Optum's Jason Stenta as chief commercial officer
Oct 7, 2024
Oct 7 (Reuters) - Pharmacy operator Walgreens Boots Alliance ( WBA ) named Jason Stenta as chief commercial officer on Monday. Stenta was hired from UnitedHealth's ( UNH ) unit, Optum. (Reporting by Puyaan Singh in Bengaluru; Editing by Anil D'Silva) ...
Lightspeed Names Retail Industry Veteran Chris Akrimi as Head of Revenue
Lightspeed Names Retail Industry Veteran Chris Akrimi as Head of Revenue
Oct 7, 2024
08:10 AM EDT, 10/07/2024 (MT Newswires) -- Lightspeed (LSPD.TO, LSPD), a B2B commerce platform, said on Monday that it appointed Chris Akrimi as head of revenue for Lightspeed B2B and NuORDER. Akrimi was most recently CEO at The Layer, a technology company transforming commerce data through artificial intelligence (AI), where he focused on positioning the company at the forefront of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved