Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) today
announced that President & CEO Kåre Schultz will present at the 38th
Annual J.P. Morgan Healthcare Conference in San Francisco, California on
Monday January 13, 2020. The presentation will begin at 10:30 A.M.
Pacific Time (1:30 P.M. Eastern Time), and a Q&A session will follow the
presentation at 11:00 A.M. Pacific Time (2:00 P.M. Eastern Time).
To access live webcasts of the presentation and the Q&A sessions, visit
Teva’s Investor Relations website at http://ir.tevapharm.com.
An archived versions of the presentation and Q&A sessions will be
available approximately one hour after the end of the sessions at the
same location.
About Teva
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) has been
developing and producing medicines to improve people’s lives for more
than a century. We are a global leader in generic and specialty
medicines with a portfolio consisting of over 3,500 products in nearly
every therapeutic area. Around 200 million people around the world take
a Teva medicine every day, and are served by one of the largest and most
complex supply chains in the pharmaceutical industry. Along with our
established presence in generics, we have significant innovative
research and operations supporting our growing portfolio of specialty
and biopharmaceutical products. Learn more at http://www.tevapharm.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995, which
are based on management’s current beliefs and expectations and are
subject to substantial risks and uncertainties, both known and unknown,
that could cause our future results, performance or achievements to
differ significantly from that expressed or implied by such
forward-looking statements. Important factors that could cause or
contribute to such differences include risks relating to:
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our ability to successfully compete in the marketplace, including:
that we are substantially dependent on our generic products;
competition for our specialty products, especially COPAXONE®,
our leading medicine, which faces competition from existing and
potential additional generic versions and orally-administered
alternatives; the uncertainty of commercial success of AJOVY®
or AUSTEDO®; competition from companies with greater
resources and capabilities; efforts of pharmaceutical companies to
limit the use of generics, including through legislation and
regulations; consolidation of our customer base and commercial
alliances among our customers; the increase in the number of
competitors targeting generic opportunities and seeking U.S. market
exclusivity for generic versions of significant products; price
erosion relating to our products, both from competing products and
increased regulation; delays in launches of new products and our
ability to achieve expected results from investments in our product
pipeline; our ability to take advantage of high-value opportunities;
the difficulty and expense of obtaining licenses to proprietary
technologies; and the effectiveness of our patents and other measures
to protect our intellectual property rights;
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our substantial indebtedness, which may limit our ability to incur
additional indebtedness, engage in additional transactions or make new
investments, may result in a further downgrade of our credit ratings;
and our inability to raise debt or borrow funds in amounts or on terms
that are favorable to us;
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our business and operations in general, including: failure to
effectively execute our restructuring plan announced in December 2017;
uncertainties related to, and failure to achieve, the potential
benefits and success of our senior management team and organizational
structure, including changes to our senior management team; harm to
our pipeline of future products due to the ongoing review of our R&D
programs; our ability to develop and commercialize additional
pharmaceutical products; potential additional adverse consequences
following our resolution with the U.S. government of our FCPA
investigation; compliance with sanctions and other trade control laws;
manufacturing or quality control problems, which may damage our
reputation for quality production and require costly remediation;
interruptions in our supply chain; disruptions of our or third party
information technology systems or breaches of our data security; the
failure to recruit or retain key personnel; variations in intellectual
property laws that may adversely affect our ability to manufacture our
products; challenges associated with conducting business globally,
including adverse effects of political or economic instability, major
hostilities or terrorism; significant sales to a limited number of
customers in our U.S. market; our ability to successfully bid for
suitable acquisition targets or licensing opportunities, or to
consummate and integrate acquisitions; implementation of a new
enterprise resource planning system that, if deficient, could
materially and adversely affect our operations and/or the
effectiveness of our internal controls; and our prospects and
opportunities for growth if we sell assets ;
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compliance, regulatory and litigation matters, including: our ability
to reach a final resolution of the remaining opioid-related
litigation; costs and delays resulting from the extensive governmental
regulation to which we are subject; the effects of reforms in
healthcare regulation and reductions in pharmaceutical pricing,
reimbursement and coverage; increased legal and regulatory action in
connection with public concern over the abuse of opioid medications in
the U.S.; governmental investigations into selling and marketing
practices; potential liability for patent infringement; product
liability claims; increased government scrutiny of our patent
settlement agreements; failure to comply with complex Medicare and
Medicaid reporting and payment obligations; and environmental risks;
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other financial and economic risks, including: our exposure to
currency fluctuations and restrictions as well as credit risks;
potential impairments of our intangible assets; potential significant
increases in tax liabilities; and the effect on our overall effective
tax rate of the termination or expiration of governmental programs or
tax benefits, or of a change in our business;
and other factors discussed in this press release, in our Quarterly
Report on Form 10-Q for the third quarter of 2019 and in our Annual
Report on Form 10-K for the year ended December 31, 2018, including in
the sections captioned "Risk Factors” and “Forward Looking Statements.”
Forward-looking statements speak only as of the date on which they are
made, and we assume no obligation to update or revise any
forward-looking statements or other information contained herein,
whether as a result of new information, future events or otherwise. You
are cautioned not to put undue reliance on these forward-looking
statements.