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Teva Reports Fourth Quarter and Full Year 2020 Financial Results


2021 business outlook:
Revenues are expected to be $16.4 – $16.8 billion (2020 actual results include ~$240 million in revenues from generic products in Japan divested on February 1, 2021, along with a manufacturing site)
Non-GAAP EPS is expected to be $2.50 – $2.70
Free cash flow is expected to be $2.0 – $2.3 billion
“In 2020, Teva continued to provide essential medicines to millions of patients around the world every day, and despite the COVID-19 pandemic challenges, we saw minimal impact on our supply chain, R&D programs and product launches. Following a strong fourth quarter performance, we have met all components of our 2020 financial guidance,” said Mr. Kåre Schultz, Teva’s President and CEO. ....

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Teva Sets Ambitious Long-Term Environmental Goals As Part of


CONTENT: Article
January 12, 2021 /3BL Media/ - Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) has announced long-term environmental sustainability commitments and targets to provide direction and drive action in this area. Our new goals are part of Teva’s commitment to Environmental, Social and Governance (ESG) measurement, a key focus area for the business. ESG details how we achieve our business goals, underscores non-financial performance, and is considered critical to our long-term sustainability and success.
These environmental sustainability commitments are aligned to three areas of focus that were identified during the company’s recently completed ESG materiality analysis, which informed the development of our renewed strategy: ....

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