Teva To Divest Women's Health, Some Oncology As CEO Search Proceeds

The company is pursuing the sale of global women's health and its oncology and pain businesses in Europe, Interim CEO Yitzhak Peterburg said during the firm's first quarter earnings call.

Samples of medicines, tablets, capsules, vitamins, and placebo

Teva Pharmaceutical Industries Ltd. will divest its global women's health business and European oncology and pain businesses to help pay down debt, interim CEO Yitzhak Peterburg said during the company's first quarter earnings call May 11. One of the company's top commitments in 2017 is paying down $5bn in debt.

"Since taking over in February, I've worked extensively with the board and management team to identify the relevant non-core assets...

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