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Teva Pharm to focus on integrating Allergan's generics business

Teva Pharmaceutical Industries (TEVA.TA) will focus on the integration of Allergan's (AGN.N) generics business into its operations, it said on Thursday, after completing the $40.5 billion deal this week.

The deal, which was announced in July last year, solidifies Israel-based Teva's position as the world's No. 1 maker of generics.

Besides integrating Actavis, Teva Chief Executive Erez Vigodman also said the company would focus on delivering on its operational and financial targets and on...


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