What we do at Teva
Teva Facts & Figures
Our mission is to be a global leader in generics and biopharmaceuticals, improving the lives of patients across the world.
We work to improve lives. Everywhere.
Good health should never be a privilege, dependent on your wealth or where you live in the world. This is a passionately held belief, behind which we all unite at Teva. It’s also the inspiration behind our mission to improve the lives of patients across the world, by being a global leader in generics and biopharmaceuticals.
We’re committed to continuing our long legacy of finding new ways to make quality medicines more affordable and accessible to more people. As it stands today, our portfolio of generic and innovative products is among the largest of any pharmaceutical company in the world serving nearly 200 million patients every single day.
We’re leading the way with generic medicines
We’re proud to be the world’s leading manufacturer of generic medicines, having played a key role in developing the industry over the last 40 years. If you’re wondering what exactly generics are, take a look at the video below.
Learn more about our portfolio here.
What Are Generic Medicines?
Around 200 million people worldwide take a Teva medicine every day. Every hour there is a plane in the air, a ship on the seas or a truck on the road delivering Teva’s quality, accessible, generic medicines to pharmacies and hospitals around the world.
Biopharmaceuticals: the next generation of innovative medicines
As we look for new ways to help improve the lives of patients around the world, we’re increasing our investment in biopharmaceuticals. Made from living cells or organisms, these complex medicines advance treatment options for patients and have the potential to deliver precise, personalized treatments.
We currently have five biopharmaceuticals on the market and approximately 20 original biologic and biosimilar programs in various stages of development. Many of these will be produced in our new biopharmaceutical plant in Ulm, Germany. Take a look behind the scenes of this state-of-the-art facility, in the video below.
Learn more about Teva biosimilars here.
Go Behind the Scenes at Teva’s state-of-the-art biopharmaceutical facility in Ulm, Germany. Discover more about biosimilars and meet the experts who are advancing more treatment options for patients.
Specialty leadership, focused on core therapeutic areas
We’re committed to developing and delivering life-enhancing treatments across a wide range of therapeutic areas. we’re especially proud to be the second largest global supplier of medicines on the World Health Organization’s Essential Medicines List for respiratory conditions, as well as being one of the top five global suppliers of oncology treatments.
Alongside these two key therapeutic areas, our specialty research and development team are focused on making treatments more accessible for patients suffering from migraines, headaches and pain, and neurodegenerative conditions.
Environmental, Social and Governance (ESG):
Making a difference where it matters most
At Teva, we are united by our unique opportunity to make a meaningful impact on society and the world. We enhance access to essential medicines for people—no matter where they live. We respect the environment in our operations and supply chain, including by increasing renewable energy use and reducing greenhouse gas emissions. We promote the health and well-being of our people and foster an environment where everyone belongs and all opinions are valued. And we do business the right way—with integrity and transparency, always.
As of 2022, we’ve launched five access to medicines programs that bring our products to vulnerable populations who otherwise would not be able to get them—and we’ll launch three more by 2025. Take a look at the video below to see how we’re working closely with Global Hope (Haematology Oncology Paediatric Excellence) to bring critical medicines to children living with cancer across Africa:
Teva believes medicine should always be accessible, and we work to help make this a reality.
We're working with Global HOPE (Hematology Oncology Pediatric Excellence), a non-profit that takes a sustainable approach to treating children with cancer and blood disorders by providing needed care and strengthening local healthcare services, and Direct Relief, an organization that provides medical resources for the world’s most vulnerable people.
ESG is everyone's business at Teva - it's how we care for our patients, our planet and each other.
Advancing access to essential medicines is at the heart of our mission. We are focused on fulfilling it by becoming a committed global health partner, addressing unmet needs, increasing the reach of affordable medicines, and expanding our generic and innovative medicines portfolio.
Additionally, we’re playing a key role in helping overcome the other great crisis facing the world today: climate change. Our commitments to both include:
- Issuing a $5 billion sustainability-linked bond (SLB), the first ever to be linked to both access to medicines and environmental targets
- Donating $487 million worth of medicines (307 million doses) in 2021 to patients in low- and middle-income countries
- Reducing direct greenhouse gas emissions by 25% by 2025