Te­va drops out of in­dus­try trade group PhRMA

Fol­low­ing in Ab­b­Vie’s foot­steps, Te­va con­firmed on Fri­day that it’s drop­ping out of the in­dus­try trade group Phar­ma­ceu­ti­cal Re­search and Man­u­fac­tur­ers of Amer­i­ca (PhRMA).

Te­va didn’t give a rea­son for its de­ci­sion to leave, say­ing on­ly in a state­ment to End­points News that it an­nu­al­ly re­views “ef­fec­tive­ness and val­ue of en­gage­ments, con­sul­tants and mem­ber­ships to en­sure our in­vest­ments are prop­er­ly seat­ed.”

Endpoints News

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.


Alexandria Real Estate Equities

San Diego, CA, USA